List of companies leaving California for Texas

Public Storage, the largest self‑storage company in the United States, is the latest company to announce a corporate headquarters move from California to Texas, joining a broader wave of businesses that have shifted headquarters from California to Texas in recent years.

Why Are Companies Leaving California for Texas? 

Public Storage is relocating its corporate headquarters from Glendale, California, to Frisco, Texas, while maintaining a long‑term presence in Glendale, where it has been based for more than 50 years, according to a company statement reported by SFGATE and other outlets, including Fox Business. 

The Los Angeles Times reported that the company said it was relocating to benefit from the breadth and depth of talent and innovation in the Texas market, with CEO Thomas Boyle saying that most new roles in recent years have been filled in Texas. He said, “It’s about finding the right talent across the country and building the team going forward.”

Public Storage is following in the footsteps of several other major businesses that have shifted their headquarters from California to Texas. 

Business Insider and other outlets report that firms making similar moves often cite more predictable, business-friendly regulations, lower operational costs, better quality‑of‑life factors, and growing pools of talent in areas such as Dallas, Austin, and Houston.

Companies That Have Moved From California to Texas

According to multiple sources, over the last six years, between 2020 and 2026, multiple companies—aside from Public Storage—have quit California for Texas. 

These include:  

Tesla

Tesla moved its headquarters from Palo Alto to Austin in 2021. The company then changed its legal home to Texas in 2024. International Business Times said that the move was due to the cost of living, scalability, and regulatory concerns. 

X (formerly Twitter)

X moved from San Francisco to Austin, which it announced in 2024, because of regulations and quality of life.

Chevron

Chevron relocated from San Ramon to Houston in 2024 due to restrictive policies, according to International Business Times

AECOM

AECOM moved from Los Angeles to Dallas in 2021, calling Texas a “talent magnet” for consulting and engineering, according to Business Insider

McKesson

McKesson moved from San Francisco to Irving, which it announced in 2018 and completed by 2021, and said that, since making the move, the business has benefited from the diverse talent in Dallas, Business Insider reported.

Hewlett Packard Enterprise

Hewlett Packard Enterprise moved from San Jose to Houston and Spring in 2020, citing lower operating costs.

Oracle

Oracle made the leap from Silicon Valley and Redwood Shores to Austin in 2020 to offer employees more flexibility, said Business Insider 

What Happens Next

Public Storage said it would maintain a long‑term presence in Glendale while relocating its corporate headquarters to Texas, a move that mirrors many other companies that have retained significant California operations after shifting headquarters.

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