midwest property advisors

Sec. 1031 Transactions

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During 2007, MPA sold the full block comprised of the FedEx distribution and training facility on Chicago's Near West side and completed the acquisitions of five replacement properties on behalf of its client through MPA administered IRS Sec. 1031 "safe harbor" transactions. These properties provided diversification to the client's portfolio in location (Illinois and Arizona) and by type (industrial flex-space, office, retail outlets, and oil & gas lease "strips").