https://somerstone.co/wordpress/wp-content/uploads/2024/08/Chase-Fox-Run-Flythrough-copy.mp4 2317 Fox Run Boulevard — Waukesha, WI Chase Bank Branch Purchased in conjunction with the acquisition of the Fox Run retail development, this branch has been in operation on the site since 1982. Somerstone successfully extended the term of the ground lease and brokered its sale to a local exchange buyer. Located on the […]
Ascension Milwaukee Hospital
2325 Fox Run Blvd — Waukesha, WI Ascension Wisconsin Hospital Part of the Fox Run redevelopment, Somerstone successfully negotiated a ground lease for a 4.22 acre site (formerly occupied by an aging Sentry grocery store) with Ascension Medical Group Wisconsin for the construction of a 33,000 square foot micro hospital. Somerstone subsequently sold the ground […]
Chipotle West Carmel
10575 N. Michigan Road — Carmel, IN Chipotle West Carmel Somerstone facilitated the purchase of the property to satisfy a 1031 exchange. This high-quality asset is located on the north side of Indianapolis along the growing Michigan Road retail corridor on the west side of Carmel and immediately east of Zionsville. The property benefits from […]
The Shops at Meadow Ridge
https://somerstone.co/wordpress/wp-content/uploads/2024/08/Meadow-Ridge-1920.mp4 1440-1468 Capitol Drive — Pewaukee, WI The Shops at Meadow Ridge Somerstone acquired the 9 acre parcel in August 2017 and then split the parcel into four pad-ready retail development sites. Somerstone retained two of the parcels to develop into retail strip centers, ground leased one site to Chick Fil A and sold the […]
Starbucks New Berlin
15550 W. National Avenue — New Berlin, WI Starbucks New Berlin A former gas station site, Somerstone razed the existing improvements, remediated the environmental site concerns and constructed a flagship protoype store on a 0.58 acre site. The high-profile location benefits from excellent daily traffic counts and outstanding trade area demographics. The long-term leased asset […]