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OGDEN, UT—New York-based Time Equities Inc. has expanded its Western portfolio with the acquisition of Newgate Mall, located here, for $69.5 million.

Newgate Mall, in Ogden, is about 30 minutes from Salt Lake City. Newgate Mall, in Ogden, is about 30 minutes from Salt Lake City.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.

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