Public Storage Raleigh — Initial Cost, Building & Improvements increased by 5.8% to $247.52M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.8%, from $233.95M to $247.52M.
Reflects the historical investment in physical infrastructure, serving as the basis for depreciation calculations.
The original cost incurred for the construction or acquisition of buildings and structural improvements in the Raleigh m...
Commonly reported as 'cost of buildings' or 'building basis' in real estate financial disclosures.
psa_segment_raleigh_initial_cost_building_improvements| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $188.20M | $212.78M | $224.34M | $233.95M | $247.52M |
| QoQ Change | — | +13.1% | +5.4% | +4.3% | +5.8% |
| YoY Change | — | +13.1% | +5.4% | +4.3% | +5.8% |