Extra Space Storage FL — Land Initial Cost increased by 1.3% to $701.89M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.3%, from $692.61M to $701.89M.
Higher initial costs reflect the historical price environment at the time of acquisition for the regional land portfolio.
The original purchase price or historical cost basis of land parcels acquired for storage facilities in the Florida segm...
Comparable to historical land cost basis disclosures in real estate investment portfolios.
exr_segment_fl_land_initial_cost| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $186.08M | $203.64M | $672.43M | $692.61M | $701.89M |
| QoQ Change | — | +9.4% | +230.2% | +3.0% | +1.3% |
| YoY Change | — | +9.4% | +230.2% | +3.0% | +1.3% |