I disagree with the concept of multiple locations. If anything has been learned the past year from the pandemic, Amazon and zoom, it’s that we don’t need brick and mortar locations to succeed at many things. Delivery overnight isn’t expensive and big companies have seen an emphasis on controlling costs and employee quality in a single location. Amazon breaks the norm because their size isn’t a comparable, they are a freak they are so big.
I expect to see PSA to make the hard decision to move to Texas at some point because California is a terrible place for a business of their type.