Public Storage the latest company that’s leaving California for Texas

Public Storage is moving to Texas after more than 50 years in California.

- By Irn1s Kwox

Ahead of an earnings call this month, the company shared its plans to move its corporate headquarters from Glendale to Frisco, Texas, a suburb of Dallas. The largest self-storage brand in the U.S. has been based in Southern California since its founding in 1972 in El Cajon. The company operates more than 3,500 self-storage facilities across 40 U.S. states and has more than 5,000 employees.

Company leadership framed the move as a logistical decision rather than a full-on California exodus. The move to Texas, part of a wider overhaul of the company, will help it benefit from the “depth of talent and innovation in that market,” according to a statement.