David S. Wright
Summary
Disciplines: Asset and Portfolio Management, Development, Construction Management, Leasing and Property Management.
Property Types: Commerical office, retail, multi-unit residential, parking, industrial.
Characteristics: Results oriented, team builder and leader, creative, fiscally responsible, productive and driven.
Overview
38
38
years of professional experience
Work History
General Manager
ZCMI Center
- Managed leasing and operations of the ZCMI Center and later the Crossroads Mall
- Managed staff, including marketing director and assistant, mall ambassadors, security, cleaning and parking staff.
- Created and implemented 2002 Olympic plan during SLC Winter Olympics which included staffing plan, operations plan, security plan, etc.
- Trained assistant mall manager in budgeting process.
- Implemented joint marketing plan with Crossroads mall to save money in marking budget while increasing market exposure.
Property Manager
Zions Securities Corporation
- Responsible for operations, budgets, leasing and maintenance staff for several office buildings in Salt Lake City
- Trained assistant property managers.
President
Quality Building Maintenance
01.2020 - Current
- Directed daily operations of Commerical cleaning company, handling client concerns; seeking successful resolutions, arranging for repair contractors and maintaining existing relationships.
- Cultivated strong relationships, adding new business to existing client base and overseeing purchase of a northern UT cleaning company increasing business portfolio,
- Managed supervisory employees to maximize productivity while training staff on best practices and procedures
Vice President/Partner
Capstone Property Management
01.2013 - 01.2020
- Directed property management functions insuring commercial properties were maintained and operating correctly, maximizing returns and protecting owner's investment.
- Strengthened existing client relationships while building new business relationships to secure long-term growth for Capstone resulting in doubling company portfolio in only 5 years.
Asset Manager - Income Properties/Portfolio Manage
Property Reserve Inc
01.2010 - 01.2013
- Directed management and profitability of income properties portfolio including residential apartments, Industrial and Commercial properties for PRI Income Group in New York, North Carolina and California.
- Developed property business plans and strategies to insure appropriate financial returns for portfolio.
- Set leasing guidelines and approved all leases, developing and implementing capital plans along with reviewing and approving all operating budgets for each property.
- Analyzed performance of each property, evaluating market positions to make accurate buy and sell recommendations.
- Directed hiring of third party fee management companies to manage income property and hiring of leasing broker.
- Reviewed and analyzed market conditions, understanding economic drivers for each market and the effects of the economy to specific property performance
Senior Property Manager
Zions Securities Corporation
01.1986 - 01.2010
- Directed group of property managers and staff
- Responsible for operation of over 1 million square feet of commercial office space.
- Oversaw completion of property budgets, implemented cost control measures to insure property profitability and high quality maintenance.
- Hired appraisal companies to appraise and value properties, reviewing and approving appraisals.
- Directed remodel of Zions Bank Building, completing project on time and within budget.
- Directed construction of Ensign Plaza South and Colonial Court 2 Apartments in Ogden, UT.
- Managed over 1 million square feet of retail space and oversaw lease termination process of Crossroads and ZCMI Center Malls in anticipation of City Creek Development.
- Directed several business units of ZSC, including parking operations, construction, and construction management.
- Established maintenance procedures to reduce major capital expenditures.
- Increased operational efficiency and lease rates, leading market in each product classification.
- Negotiated leases with new tenants and oversaw negotiations of lease renewals.
Education
Some College (No Degree) - History
Weber State University
Ogden, UTCertified Property Manager (CPM) -
Institute of Real Estate Management
Salt Lake City, UTLicensed Real Estate Agent -
Utah Department Of Real Estate
UTSkills
- Past president of Salt Lake Chapter of Building Owners and Managers Association (BOMA)
- Founding member BOMA Asset Management Council
- Past President of Downtown Retail Merchants Association
- Past member of Salt Lake Chamber Board of Governors
- Past Regional President of BOMA Pacific Southwest Region
- Enjoy participating in all sports and spending time with family
Timeline
President
Quality Building Maintenance
01.2020 - Current
Vice President/Partner
Capstone Property Management
01.2013 - 01.2020
Asset Manager - Income Properties/Portfolio Manage
Property Reserve Inc
01.2010 - 01.2013
Senior Property Manager
Zions Securities Corporation
01.1986 - 01.2010
General Manager
ZCMI Center
Property Manager
Zions Securities Corporation
Some College (No Degree) - History
Weber State University
Certified Property Manager (CPM) -
Institute of Real Estate Management
Licensed Real Estate Agent -
Utah Department Of Real Estate
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