Utah Property Management Associates

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]

Utah Property Management Associates

Company type	Private
Industry	Property management, real estate, real estate development
Predecessor	Zion Securities Corporation
Founded	February 7, 1922; 103 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

History

Through a two billion dollar investment in the City Creek Center Utah Property Management Associates participated in a five billion dollar Church effort to develop downtown Salt Lake City.^[5]

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.^{[citation needed]}

Properties

Commercial properties

The Triad Center in Salt Lake City, December 2013

UPMA currently owns and operates the following commercial properties in Downtown Salt Lake City:^[6]

Class A Commercial buildings

• Beneficial Tower
• Deseret News Building
• Eagle Gate Plaza & Office Tower
• Key Bank Tower
• Social Hall Plaza
• Triad Center^[7]
• 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

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)^[8]

Mixed use properties

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

• City Creek Center (Salt Lake City, Utah)^[9]
• 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

• 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