Public Storage Norfolk — Net rentable area (in square feet) increased by 1.0% to $2.22M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.0%, from $2.20M to $2.22M. This is a positive signal — higher values indicate stronger performance for this metric.
Higher square footage generally correlates with higher potential revenue capacity, provided occupancy rates remain stable.
The total square footage available for lease to customers within the Norfolk market segment. This represents the primary...
Commonly reported by all storage REITs as 'Net Rentable Square Footage' (NRSF).
psa_segment_norfolk_net_rentable_area_in_square_feet| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $2.22M | $2.21M | $2.20M | $2.20M | $2.22M |
| QoQ Change | — | -0.3% | -0.4% | -0.1% | +1.0% |
| YoY Change | — | -0.3% | -0.4% | -0.1% | +1.0% |