SmartStop Self Storage REIT (SMA) Construction in Progress (2014 - 2026)

SmartStop Self Storage REIT (SMA) reported Construction in Progress of $8.0 million for Q1 2026, up 30.38% year-over-year from $6.1 million in Q1 2025, and up 23.76% quarter-over-quarter from $6.4 million in Q4 2025.

SmartStop Self Storage REIT (SMA) Construction in Progress (2014 - 2026) Analysis & Trends

SmartStop Self Storage REIT (SMA) has 13 years of Construction in Progress data on file, last reported at $8.0 million in Q1 2026.

  • Construction in Progress for Q1 2026 came in at $8.0 million, up 30.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.0 million (up 30.38% YoY), and the FY2025 annual result was $6.4 million, down 32.2% from the prior year.
  • Construction in Progress advanced to $8.0 million in Q1 2026 per SMA's latest filing, from $6.4 million in the prior quarter.
  • Over five years, Construction in Progress peaked at $9.5 million in Q4 2024 and troughed at $2.0 million in Q1 2022.
  • A 5-year average of $6.4 million and a median of $6.4 million in 2025 frame the typical range for Construction in Progress.
  • On a YoY basis, Construction in Progress climbed as much as 149.91% in 2022 and fell as far as 52.66% in 2022.
  • A 5-year view of Construction in Progress shows it stood at $4.5 million in 2022, then soared by 33.09% to $6.0 million in 2023, then surged by 58.99% to $9.5 million in 2024, then sank by 32.2% to $6.4 million in 2025, then grew by 23.76% to $8.0 million in 2026.
  • Business Quant data shows SMA's Construction in Progress at $8.0 million in Q1 2026, $6.4 million in Q4 2025, and $7.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Prologis 137.79 Bn 141.12 Bn 2.24 Bn -
2 Public Storage 57.19 Bn 57.15 Bn 1.18 Bn 202.74 Mn
3 Extra Space Storage 31.69 Bn 32.52 Bn -204.61 Mn 106.06 Mn
4 Eastgroup Properties 10.93 Bn 10.93 Bn 190.03 Mn 698.41 Mn
5 Lineage 10.07 Bn 10.97 Bn 417.00 Mn -
6 CubeSmart 9.54 Bn 9.57 Bn 191.86 Mn -
7 Rexford Industrial Realty 7.99 Bn 8.37 Bn - 327.03 Mn
8 STAG Industrial 7.40 Bn 7.47 Bn - -
9 Terreno Realty 7.04 Bn 7.04 Bn - 269.52 Mn
10 SmartStop Self Storage REIT 1.78 Bn 1.84 Bn 44.88 Mn 7.97 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.97 Mn
Dec 31, 2025 6.44 Mn
Sep 30, 2025 7.75 Mn
Jun 30, 2025 7.22 Mn
Mar 31, 2025 6.12 Mn
Dec 31, 2024 9.50 Mn
Sep 30, 2024 7.65 Mn
Jun 30, 2024 8.97 Mn
Mar 31, 2024 8.34 Mn
Dec 31, 2023 5.98 Mn
Sep 30, 2023 6.09 Mn
Jun 30, 2023 6.75 Mn
Mar 31, 2023 4.95 Mn
Dec 31, 2022 4.49 Mn
Sep 30, 2022 4.29 Mn
Jun 30, 2022 4.21 Mn
Mar 31, 2022 2.02 Mn
Dec 31, 2021 1.80 Mn
Sep 30, 2021 1.72 Mn
Jun 30, 2021 1.86 Mn