Extra Space Storage HI — Building and Improvements Initial Cost increased by 17.3% to $188.81M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 17.3%, from $160.98M to $188.81M.
Reflects the initial capital intensity required to establish the physical storage infrastructure in this market.
The initial capital expenditure incurred for the construction or acquisition of storage structures and related site impr...
Standard historical cost accounting for building assets across REITs.
exr_segment_hi_building_and_improvements_initial_cost| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $133.87M | $160.98M | $160.98M | $160.98M | $188.81M |
| QoQ Change | — | +20.2% | +0.0% | +0.0% | +17.3% |
| YoY Change | — | +20.2% | +0.0% | +0.0% | +17.3% |