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McDonald’s Signs Naming Rights Deal with New Chicago Soccer Stadium

McDonald’s Signs Naming Rights Deal with New Chicago Soccer Stadium

by Phil Hall | May 13, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

McDonald’s (NYSE: MCD) and the Chicago Fire Football Club have signed a naming rights partnership that will see the Major League Soccer club’s new $750 million stadium named McDonald’s Park. This marks the first time McDonald’s has committed to a naming rights...
Walgreens Reveals Closing Chicago Store Suffered Million-Dollar Loss Amid High Theft Rates

Walgreens Reveals Closing Chicago Store Suffered Million-Dollar Loss Amid High Theft Rates

by Phil Hall | May 11, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Walgreens revealed the store it is closing on Chicago’s South Side lost more than $1 million last year due to high theft rates and declining prescription sales. Fox 32 Chicago reports executives from the pharmacy chain met with residents to explain their decision to...
Hits and Misses for the Real Estate Week of May 4-8

Hits and Misses for the Real Estate Week of May 4-8

by Phil Hall | May 8, 2026 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New listings on the rise, New York City’s mayor shoots his mouth off (twice), and the late Ted Turner’s property portfolio. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 4-8. Hit: A Wider Inventory. New listings totaled...
Chicago Mayor Renews Effort to Keep the Bears from Relocating

Chicago Mayor Renews Effort to Keep the Bears from Relocating

by Phil Hall | May 6, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Chicago Mayor Brandon Johnson is making a new effort to stop the Chicago Bears from moving out of his city by calling out a proposed property tax break that would enable to the team to build a new domed stadium in suburban Arlington Heights. The Chicago Sun-Times...
Chicago’s Water Tower Place Announces Redevelopment Plans

Chicago’s Water Tower Place Announces Redevelopment Plans

by Phil Hall | Apr 27, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Water Tower Place, the mixed-use development consisting of 758,000-square-foot shopping mall in a 74-story skyscraper on Chicago’s Magnificent Mile, announced plans for a $170 million redevelopment. The property, which first opened in 1976, will be reconfigured with a...
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