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Zions Bancorporation (NASDAQ: ZION) today announced several leadership changes which will become effective on April 1, 2024, at Zions Bank, Zions Bancorporation's largest banking division, and at the parent company.

Mōdere strengthens Utah presence with new downtown Provo headquarters

Provo, UT—JLL today announced Mōdere’s strategic move to downtown Provo, highlighting the ongoing expansion of Utah’s dynamic business landscape. Mōdere, a global, clean lifestyle, health & wellness brand of household and beauty & personal care products, has secured a 12,919-square-foot lease at Zions Tower, relocating from its previous headquarters in Springville, Utah. The new office space, located at 180 N University Parkway, will now serve as the central hub for Mōdere’s operations, accommodating 100 employees, with a total of 200 employees across all three Utah locations.

JLL’s Managing Director, David Nixon, represented the tenant, Mōdere. Mountain West Commercial’s Cody Black represented the landlord, PEG Development.

“Mōdere’s relocation to downtown Provo reflects the organization’s commitment to growth and innovation, mirroring the dynamic spirit of the city it now calls home,” said Nixon. “In facilitating Mōdere’s move, we recognize the strategic importance for both the company and the thriving business community in Utah. Zion Tower provides the perfect setting for Mōdere, and I’m excited to see how this new space translates into continued success.”

The strategic relocation of Mōdere, a leading company dedicated to providing best-in-class products to mindful consumers, not only emphasizes its commitment to growth and innovation but also reinforces Provo’s status as a burgeoning economic and financial center for successful growing companies. Recently acknowledged as the Best Performing City in the United States for the third consecutive year by the Milken Institute, Provo distinguishes itself with remarkable job growth, entrepreneurship and livability. This recognition underscores Provo’s status as an innovation hub, supported by institutions such as Brigham Young University, the presence of international companies and a thriving startup ecosystem—all contributing to the city’s economic vitality.

“We are excited to double down on our commitment to Utah and relocate our headquarters to Provo,” said Nathan Frazier, President, Chief Operating Officer, and Executive Chairman. Retaining our presence and visibility in downtown is a testament to the great work of our employees and the strength of the Provo business community. We look forward to our next chapter of growth.”

Mōdere’s transformative relocation to downtown Provo and its lease at Zion Tower highlight JLL’s success in attracting top companies to the city, fostering growth in the business community and creating fresh opportunities across the landscape.

About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.9 billion and operations in over 80 countries around the world, our more than 105,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.


About Mōdere
Mōdere (www.modere.com) is an omnichannel, consumer products company that develops and markets clean health & wellness products through ecommerce and direct-to-consumer channels. The company’s branded, award-winning portfolio of science-backed clean lifestyle products includes beauty and personal care, nutrition and household essentials that are clinically validated, US EPA Safer Choice-approved, EWG Verified™, NSF Certified, gray- water appropriate, and formulated without the use of thousands of controversial chemicals and compounds. This holistic live clean philosophy drives every aspect of the brand, going beyond its ingredient paradigm to encompass business operations, company culture, community activism and environmental advocacy. Mōdere is a portfolio company of Z Capital Partners, L.L.C., the private equity arm of Z Capital Group, L.L.C. (“ZCG”) (www.zcg.com), a leading private markets asset manager.


About ZCG
ZCG is a leading, privately held merchant bank comprised of private markets asset management, business consulting services, technology development and solutions. For almost 30 years, ZCG Principals have invested tens of billions in capital and have industry leading track records in private equity and credit. ZCG has approximately $7B of AUM in asset management and its investors are some of the largest and most sophisticated global institutional investors including pension funds, endowments, foundations, sovereign wealth funds, central banks, and insurance companies. ZCG has a global team comprised of over 400 talented professionals. For more information, please visit www.zcg.com.


Contact: Grace Lewis
Phone: 903.520.3478
Email: [email protected]