Public Storage Cleveland/Akron — Accumulated Depreciation increased by 12.2% to $20.39M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $18.18M to $20.39M. This increase may warrant attention — for this metric, lower values are generally preferred.
Increasing accumulated depreciation relative to gross cost indicates an aging portfolio that may require future capital investment.
The total depreciation taken against the building and improvement assets in the Cleveland/Akron market since acquisition...
Standard accounting metric for real estate assets.
psa_segment_cleveland_akron_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $13.91M | $14.89M | $16.30M | $18.18M | $20.39M |
| QoQ Change | — | +7.0% | +9.4% | +11.6% | +12.2% |
| YoY Change | — | +7.0% | +9.4% | +11.6% | +12.2% |