Utah Property Management Associates

Company type| Private
Industry| Property management, real estate, real estate development
Predecessor| Zion Securities Corporation
Founded| February 7, 1922; 102 years ago (1922-02-07)
Founder| The Church of Jesus Christ of Latter-day Saints
Headquarters|

Salt Lake City, Utah

United States

Key people

| Ashley J Powell (President/CEO), Michael Johnson (CFO)
Owner| Corporation of the President of The Church of Jesus Christ of Latter-day Saints
Parent| Property Reserve Inc.
Website| utpma.com

Utah Property Management Associates (UPMA), formerly Zions Securities Corporation (ZSC), is a subsidiary of Property Reserve Inc.[1], which manages property owned by the Corporation of the President of The Church of Jesus Christ of Latter-day Saints (LDS Church) mostly in Salt Lake City, Utah.[2][3] They manage major corporate, residential, and retail spaces along with parking lots and plazas.[4]

In January 2012, Zions Securities Company changed its name to Utah Property Management Associates, LLC. UPMA is part of the Investment Properties Management Department of the LDS Church.

## Properties[edit]

### Commercial properties[edit]

Logo for the former Zions Securities Corporation The Triad Center in Salt Lake City, December 2013

UPMA currently owns and operates the following commercial properties in Downtown Salt Lake City:[5]

Class A Commercial buildings

* Beneficial Tower
* Deseret News Building
* Eagle Gate Plaza & Office Tower
* Key Bank Tower
* Social Hall Plaza
* Triad Center[6]
* Zions Bank Building

Class B Commercial buildings

* 139 East South Temple
* J. C. Penney Building

Other Commercial buildings

* Deseret Book Building
* Eagle Gate Parking Plaza
* McIntyre Building
* Orpheum Office Plaza

### Residential properties[edit]

UPMA currently owns and operates the following residential properties, all of which are in Salt Lake City, Utah, except as noted.

* Brigham Apartments
* Colonial Court Apartments
* Eagle Gate Apartments
* Gateway Condominiums
* West Temple Apartments
* Garden Apartments
* First Avenue Apartments
* Hanover East Paces Apartments (Atlanta, Georgia)[7]

### Mixed use properties[edit]

Entrance to the former ZCMI Center Mall in Downtown Salt Lake City, September 2004

* City Creek Center (Salt Lake City, Utah)
* Lake Park Corporate Centre (Salt Lake City, Utah)
* Highbury at Lake Park (West Valley City, Utah)
* Shoal Creek Valley (near Liberty, Missouri)
* 1600 Vine Street Complex (Philadelphia, Pennsylvania)

## Former properties[edit]

* ZCMI Center Mall (Salt Lake City, Utah) - Demolished for City Creek Center development
* Inn at Temple Square (Salt Lake City, Utah) - Demolished for City Creek Center development

## References[edit]

1. ^ Oct. 23, | Posted-; P.m, 2009 at 4:11. "DMC announces division merger". www.ksl.com. Retrieved 2022-03-21.`{{cite web}}`: CS1 maint: numeric names: authors list (link)
2. ^ Winter, Caroline and Burton, Katherine. "The money behind the Mormon message", The Salt Lake Tribune, 5 October 2012. Retrieved on 12 March 2020.
3. ^ Riddle, Isaac. "Church wants to add history-inspired signs on Regent Street", Building Salt Lake, 14 July 2016. Retrieved on 12 March 2020.
4. ^ Lockhart, Ben. "One tap can pay for parking in some downtown lots", Deseret News, 1 May 2013. Retrieved on 12 March 2020.
5. ^ "Office Properties". utpma.com. Utah Property Management Associates. Retrieved 11 October 2018.
6. ^ Max B. Knudson (7 June 1985). "Arab glad he didn't give up on Utah". Deseret News. Retrieved 1 October 2010.
7. ^ Sams, Douglas. "Utah real estate company buys Buckhead apartments for $117 million", Atlanta Business Chronicle, 5 September 2018. Retrieved on 12 March 2020.

## External links[edit]

* Official site (as archived by the Wayback Machine)
* About Zions Securities Corporation from DMC (as archived by the Wayback Machine)

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