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
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