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Utah Property Management Associates

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Utah Property Management Associates
Company typePrivate
IndustryProperty management, real estate, real estate development
PredecessorZion Securities Corporation
FoundedFebruary 7, 1922 (1922-02-07)
FounderThe Church of Jesus Christ of Latter-day Saints
Headquarters,
Key people
Mark Gibbions (President/CEO)
Michael Johnson (CFO)
OwnerCorporation of the President of The Church of Jesus Christ of Latter-day Saints
ParentProperty Reserve Inc.
WebsiteZion Securities Corporation

Utah Property Management Associates (UPMA), formerly Zions Securities Corporation (ZSC), is a subsidiary of Property Reserve Inc., 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. They manage major corporate, residential, and retail spaces along with parking lots and plazas.

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

Properties

Commercial properties

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

Class A Commercial buildings
  • Beneficial Tower
  • Deseret News Building
  • Eagle Gate Plaza & Office Tower
  • Key Bank Tower
  • Social Hall Plaza
  • Triad Center
  • Zions Bank BuildingM
Class B Commercial buildings

UPMA also owns and operates several other commercial properties in downtown Salt Lake City, including the McIntyre Building, Deseret Book Building, Orpheum Office Plaza, and the Eagle Gate Parking Plaza.

Residential properties

UPMA currently owns and operates the following residential properties in and around Salt Lake City:

  • Brigham Apartments
  • Colonial Court Apartments
  • Eagle Gate Apartments
  • Gateway Condominiums
  • West Temple Apartments
  • Garden Apartments
  • First Avenue Apartments
Entrance to the former ZCMI Center Mall in Salt Lake City

Mixed use properties

Former properties

  • 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