Public Storage Norfolk — Initial Cost, Land increased by 1.7% to $48.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.7%, from $47.94M to $48.75M.
Used to track historical capital allocation and calculate potential gains upon future asset disposition.
The original purchase price paid for the land parcels associated with the Norfolk portfolio. This represents the histori...
Standard accounting disclosure for 'Historical Cost of Land' in real estate investment schedules.
psa_segment_norfolk_initial_cost_land| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $47.73M | $47.73M | $47.94M | $47.94M | $48.75M |
| QoQ Change | — | +0.0% | +0.4% | +0.0% | +1.7% |
| YoY Change | — | +0.0% | +0.4% | +0.0% | +1.7% |