SmartStop Self Storage REIT (SMA) Construction in Progress (2014 - 2026)
SmartStop Self Storage REIT's (SMA) quarterly Construction in Progress came in at $8.0 million in Q1 2026, up 30.38% year-on-year from $6.1 million in Q1 2025, and up 23.76% on a QoQ basis 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.
- On a quarterly basis, Construction in Progress rose 30.38% year-over-year to $8.0 million in Q1 2026; TTM through Mar 2026 was $8.0 million, a 30.38% increase from a year earlier, with the FY2025 full-year figure at $6.4 million, down 32.2% from the prior year.
- Construction in Progress for Q1 2026 stood at $8.0 million, up from $6.4 million in the prior quarter.
- Over the last five years, Construction in Progress for SMA reached as high as $9.5 million in Q4 2024 and fell as low as $2.0 million in Q1 2022.
- Historically, Construction in Progress has averaged $6.4 million across 5 years, with a median of $6.4 million in 2025.
- On a YoY basis, Construction in Progress climbed as much as 149.91% in 2022 and fell as far as 52.66% in 2022.
- Year by year, Construction in Progress 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 slumped by 32.2% to $6.4 million in 2025, then gained by 23.76% to $8.0 million in 2026.
- Per Business Quant data, the three most recent Construction in Progress figures were $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 | 134.75 Bn | 139.31 Bn | 2.24 Bn | - |
| 2 | Public Storage | 55.31 Bn | 55.27 Bn | 1.18 Bn | 202.74 Mn |
| 3 | Extra Space Storage | 30.66 Bn | 31.49 Bn | 617.72 Mn | 106.06 Mn |
| 4 | Eastgroup Properties | 11.49 Bn | 11.49 Bn | 193.10 Mn | 691.52 Mn |
| 5 | CubeSmart | 9.34 Bn | 9.36 Bn | 191.86 Mn | - |
| 6 | Lineage | 9.30 Bn | 9.23 Bn | 417.00 Mn | - |
| 7 | Rexford Industrial Realty | 8.22 Bn | 8.54 Bn | - | 327.03 Mn |
| 8 | STAG Industrial | 7.73 Bn | 7.81 Bn | - | - |
| 9 | Terreno Realty | 7.56 Bn | 7.56 Bn | - | 269.52 Mn |
| 10 | SmartStop Self Storage REIT | 134.18 Mn | 196.75 Mn | 44.88 Mn | 7.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |