Geographic · Initial Cost, Building & Improvements

Phoenix — Initial Cost, Building & Improvements

Public Storage Phoenix — Initial Cost, Building & Improvements remained flat by 0.0% to $367.87M in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $367.87M to $367.87M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2025

How to read this metric

Reflects the historical capital intensity required to establish the regional portfolio.

Detailed definition

The original construction or acquisition cost of the physical structures and initial improvements made to storage facili...

Peer comparison

Commonly reported as part of the gross investment in real estate for property-heavy companies.

Metric ID: psa_segment_phoenix_initial_cost_building_improvements

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$265.78M$304.38M$367.87M$367.87M$367.87M
QoQ Change+14.5%+20.9%+0.0%+0.0%
YoY Change+14.5%+20.9%+0.0%+0.0%
Range$265.78M$367.87M
CAGR+38.4%
Avg YoY Growth+8.8%
Median YoY Growth+7.3%
Current Streak4+ quarters growth

Frequently Asked Questions

What is Public Storage's phoenix — initial cost, building & improvements?
Public Storage (PSA) reported phoenix — initial cost, building & improvements of $367.87M in Q4 2025.
How has Public Storage's phoenix — initial cost, building & improvements changed year-over-year?
Public Storage's phoenix — initial cost, building & improvements decreased by 0.0% year-over-year, from $367.87M to $367.87M.
What does phoenix — initial cost, building & improvements mean?
The original cost of buildings and initial improvements for Phoenix properties.