DUBUQUE, IA  – Mid-America Real Estate Corporation’s Investment Sales team recently brokeredthe sale of the 136,398-square-foot Asbury Plaza located in Dubuque, Iowa. The center was purchased by a private investment company for $12 million.

Asbury Plaza is located at the northwest quadrant of CR-32 and Asbury Road in Dubuque, Iowa. The community shopping center features national anchor retailers, including Michaels, Bed Bath & Beyond and Petco, and is shadow anchored by Hy-Vee Grocery Store, Kohl’s, and AMC Theater.

Ben Wineman ofMid-America Real Estate Corporation in cooperation with Mid-America Real Estate – Iowa LLC was the exclusive broker in the transaction on behalf of the seller, a Court Appointed Receiver.