Extra Space Storage NV — Land Initial Cost increased by 23.9% to $122.41M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.9%, from $98.80M to $122.41M.
Higher costs reflect historical acquisition premiums or prime location selection within the Nevada market.
The original purchase price or historical cost basis of land parcels acquired for storage facilities within the Nevada s...
Standard line item in real estate investment schedules as 'Land Cost Basis'.
exr_segment_nv_land_initial_cost| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $15.25M | $15.25M | $97.50M | $98.80M | $122.41M |
| QoQ Change | — | +0.0% | +539.2% | +1.3% | +23.9% |
| YoY Change | — | +0.0% | +539.2% | +1.3% | +23.9% |