Public Storage Relocates Corporate Headquarters to Frisco, Texas
Public Storage, the largest self-storage brand in the United States, is moving its corporate headquarters from Glendale, California, to Frisco, Texas, a suburb of Dallas. The relocation, announced earlier this month, marks a significant shift for the company, which has been based in Southern California since its founding in 1972.
A Growing Trend of Corporate Exodus from California
Public Storage’s decision to relocate is part of a broader trend of companies leaving California for Texas. In 2024, Chevron announced plans to move its headquarters from the Bay Area to Houston [Community Impact]. Tesla moved its headquarters to Austin in 2021 [Community Impact], and Charles Schwab relocated from San Francisco to Westlake in 2019 [Community Impact]. Even some billionaires, including Oracle founder Larry Ellison and Palantir founder Peter Thiel, have begun distancing themselves from the state [Community Impact].
Logistical Decision and Talent Acquisition
Company leadership has framed the move as a logistical decision driven by the desire to tap into the “depth of talent and innovation” available in the Dallas-Fort Worth area [Community Impact]. Incoming Chief Executive H. Thomas Boyle stated that the company has long operated in both Glendale and Dallas, with recent job openings increasingly filled in Texas [Community Impact].
Impact of California Legislation
The move comes shortly after the implementation of Senate Bill 709 in California at the start of 2026. While initially designed to impose price caps on the self-storage industry, the bill was revised into a transparency law requiring disclosures of rent increases in rental agreements [Community Impact]. Public Storage, a major funder of the California Self Storage Association, actively lobbied against the original bill [Community Impact].
Public Storage in Frisco
Public Storage operates numerous facilities in Frisco, Texas, including a location at 8388 FM 423, where first month’s rent is currently available for $1 [Public Storage]. Storage units at this location start at $22 per month [StorageCafe]. There are six Public Storage locations in Frisco [Loc8NearMe].
The company operates more than 3,500 self-storage facilities across 40 U.S. States and employs over 5,000 people [Community Impact].