Dubuque, Iowa — Mid-America Real Estate Corp.’s Investment Sales team recently brokered the sale of a large portion of the 136,398-sq.-ft. Asbury Plaza in Dubuque, Iowa. The Cafaro organization made the acquisition for $12 million.
The community shopping center is about two miles from Cafaro’s 700,000-sq.-ft. Kennedy Mall.
The community shopping center features national anchor retailers including Michaels, Bed Bath & Beyond and Petco. Shadow anchors include Hy-Vee Grocery Store, Kohl’s and AMC Theater.
Mid-America(www.midamericagrp.com in cooperation with Mid-America Real Estate — Iowa LLC represented the seller, a court appointed receiver.