Extra Space Storage MA — Building and Improvements Initial Cost increased by 2.2% to $559.04M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $546.96M to $559.04M.
Reflects the historical capital intensity required to develop or acquire the physical storage infrastructure in this market.
The original construction or acquisition cost of buildings and subsequent structural improvements within the geographic...
Comparable to 'Building Cost Basis' reported by other real estate operators.
exr_segment_ma_building_and_improvements_initial_cost| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $270.24M | $276.25M | $534.15M | $546.96M | $559.04M |
| QoQ Change | — | +2.2% | +93.4% | +2.4% | +2.2% |
| YoY Change | — | +2.2% | +93.4% | +2.4% | +2.2% |