CHASE-ing the Sunshine

When JPMorgan Chase & Co. started scouting locations for new Chase branches on the Gulf Coast, a Sonic drive-in restaurant floated to the top of its list.

Good traffic access, high visibility, and the right square footage made it a prime pick for the bank's expansion effort.

The property, purchased earlier this year, is an example of Chase Bank's real estate ambitions as it looks to buy or build 37 new branch locations in Florida by the end of 2011.