Public Storage Charlotte — Accumulated Depreciation increased by 9.0% to $207.71M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.0%, from $190.59M to $207.71M. This increase may warrant attention — for this metric, lower values are generally preferred.
Higher accumulated depreciation relative to gross cost may indicate an aging portfolio that might require future capital investment.
The total depreciation expense recognized against the building and improvement assets in the Charlotte market since thei...
Standard accounting disclosure for 'Accumulated Depreciation' on real estate assets.
psa_segment_charlotte_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $144.67M | $158.82M | $173.60M | $190.59M | $207.71M |
| QoQ Change | — | +9.8% | +9.3% | +9.8% | +9.0% |
| YoY Change | — | +9.8% | +9.3% | +9.8% | +9.0% |