Extra Space Storage TN — Building and Improvements Initial Cost increased by 8.1% to $280.26M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.1%, from $259.21M to $280.26M.
Reflects the initial capital intensity required to establish the regional property portfolio.
The initial capital expenditure required to construct or acquire the physical structures and site improvements for stora...
Comparable to 'Historical Cost of Buildings and Improvements' found in SEC Schedule III.
exr_segment_tn_building_and_improvements_initial_cost| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $138.40M | $151.67M | $252.73M | $259.21M | $280.26M |
| QoQ Change | — | +9.6% | +66.6% | +2.6% | +8.1% |
| YoY Change | — | +9.6% | +66.6% | +2.6% | +8.1% |