1031 exchange after a buyout from a property

[Brandon Giarusso]

Im invested in an industrial building. My LLC owns 33% of the building. We have been offered a proposal to be bought out. Can we take our profit from the buyout and 1031 exchange it into another property? Or is this not possible since the entire entity that bought it isn't selling as a whole? And if not, is there a way to structure the buyout so that is possible?

Thanks!