Public Storage Memphis — Net rentable area (in square feet) decreased by 0.4% to $1.41M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.4%, from $1.42M to $1.41M. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher square footage indicates greater potential revenue capacity, provided occupancy rates remain healthy.
The total square footage available for lease to customers within the Memphis market segment. This represents the primary...
Commonly reported as 'Net Rentable Area' (NRA) across all commercial real estate and storage REITs.
psa_segment_memphis_net_rentable_area_in_square_feet| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $645.00K | $645.00K | $1.42M | $1.42M | $1.41M |
| QoQ Change | — | +0.0% | +119.8% | +0.0% | -0.4% |
| YoY Change | — | +0.0% | +119.8% | +0.0% | -0.4% |