Public Storage Relocates Headquarters to North Texas

Self-storage giant moves corporate hub from California to Frisco, citing talent and innovation in the region.

Published on Feb. 13, 2026

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Public Storage, a California-based self-storage company valued at around $50 billion, is relocating its corporate headquarters from Glendale, California to Frisco, Texas. The move will allow the company to benefit from the depth of talent and innovation in the North Texas market while maintaining a long-term presence in Glendale.

Why it matters

The relocation of Public Storage's headquarters to North Texas is the latest in a series of high-profile companies moving their corporate hubs to the Dallas-Fort Worth area, attracted by factors like the region's business-friendly climate, central location, and growing workforce. This trend reflects the increasing appeal of North Texas as a hub for business and innovation.

The details

Public Storage, which operates more than 3,500 self-storage facilities across 40 states, announced the headquarters move as part of its 'PS4.0' initiative that includes a leadership transition. The company's new Frisco address will be 2811 Internet Boulevard, according to a recent SEC filing. The relocation will see Tom Boyle, the current Chief Financial and Investment Officer, elevated to CEO effective April 1.

  • Public Storage announced the headquarters relocation this week.
  • The company's board approved the change in the principal address earlier this week.
  • The leadership transition with Tom Boyle becoming CEO will be effective April 1.

The players

Public Storage

A California-based self-storage company with more than 3,500 facilities across 40 states and over $5 billion in annual revenue. The company has a market capitalization of over $50 billion and is a member of the S&P 500 index.

Tom Boyle

The current Chief Financial and Investment Officer of Public Storage, who will be elevated to CEO effective April 1 as part of the company's 'PS4.0' initiative.

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What they’re saying

“The relocation will benefit 'from the depth of talent and innovation in that market, while maintaining a long-term presence in Glendale'.”

— Public Storage (dallasnews.com)

What’s next

The company's leadership transition with Tom Boyle becoming CEO will take effect on April 1.

The takeaway

Public Storage's decision to relocate its headquarters from California to North Texas reflects the growing appeal of the Dallas-Fort Worth region as a hub for business and innovation, driven by factors like the area's business-friendly climate, central location, and deep talent pool. This move is part of a broader trend of high-profile companies choosing to establish or expand their corporate presence in the region.