Public Storage Joins Wave of Companies Leaving California for Texas

Firm cites talent, innovation, and business-friendly climate as reasons for headquarters move to Frisco

Published on Feb. 25, 2026

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Public Storage, the largest self-storage company in the U.S., is relocating its corporate headquarters from Glendale, California, to Frisco, Texas, while maintaining a long-term presence in Glendale. The move follows a broader trend of companies shifting headquarters from California to Texas in recent years, often citing more predictable regulations, lower costs, and better quality of life as factors.

Why it matters

California has long been a hub for major corporations, but an exodus to Texas in recent years has raised concerns about the state's business climate. This move by Public Storage, a longtime California-based company, is the latest example of a high-profile firm seeking greener pastures in the Lone Star State.

The details

Public Storage said the relocation will allow the company to benefit from the 'breadth and depth of talent and innovation' in the Texas market, with CEO Thomas Boyle noting that most new roles in recent years have been filled in Texas. The company will maintain a presence in Glendale, where it has been based for over 50 years.

  • Public Storage announced the headquarters move in February 2026.
  • The company plans to complete the relocation from Glendale, California, to Frisco, Texas, in the coming months.

The players

Public Storage

The largest self-storage company in the United States, which is relocating its corporate headquarters from California to Texas.

Thomas Boyle

The CEO of Public Storage, who cited the depth of talent and innovation in Texas as a key factor in the company's decision to move its headquarters.

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What they’re saying

“It's about finding the right talent across the country and building the team going forward.”

— Thomas Boyle, CEO, Public Storage (SFGATE)

What’s next

Public Storage said it would maintain a long-term presence in Glendale, California, even as it relocates its corporate headquarters to Frisco, Texas, mirroring the approach taken by other companies that have shifted their headquarters from California to Texas in recent years.

The takeaway

The relocation of Public Storage's headquarters from California to Texas is the latest example of a high-profile company seeking a more business-friendly environment, lower costs, and access to a growing talent pool. This trend has raised concerns about California's ability to retain major corporations, but also highlights the appeal of Texas as a destination for companies seeking to optimize their operations and workforce.