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Ace Industrial Buys 420 W. St. Paul for $2.75M

Milwaukee Property Trades for Nearly $33
By Jennifer Trainor
December 27, 2007 | 2:20 P.M.

Frank and Linda O'Connor sold 420 W. Saint Paul Ave. in Milwaukee, WI, to Ace Industrial Properties Inc. for $2.75 million, or about $32.50 per square foot. The property was under contract for approximately 60 days and there was a $511,000 down payment. This transaction was part of a 1031 exchange for the buyer.

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