Extra Space Storage FL — Building and Improvements Initial Cost decreased by 0.7% to $2.99B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.7%, from $3.01B to $2.99B.
Reflects the historical capital intensity required to build out the regional storage infrastructure.
The original construction or acquisition cost of buildings and structural improvements for storage facilities in the Flo...
Comparable to historical building cost basis disclosures for real estate assets.
exr_segment_fl_building_and_improvements_initial_cost| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $799.94M | $869.14M | $2.89B | $3.01B | $2.99B |
| QoQ Change | — | +8.7% | +233.0% | +4.0% | -0.7% |
| YoY Change | — | +8.7% | +233.0% | +4.0% | -0.7% |