Another California Icon Flees — Public Storage Ditches Golden State For Texas

Another California-founded business is relocating its headquarters out of state, this time to Texas.

Public Storage, a real estate investment trust specializing in self-storage facilities, was founded in 1972 in San Diego County and expanded to operate more than 3,000 facilities across 43 states. In a February statement, the company announced it will move its headquarters from Glendale, California, to Frisco, Texas.