CHICAGO—90 North Real Estate Partners has just started construction on a new gateway entrance off Deer Park Blvd. and a reconfiguring of the parking lot and building access at The Reserve at Deer Park in Chicago's northwest suburbs. It's just the latest step for a London-based firm that recently opened its first American office and has made a $750 million commitment to US real estate, much of it for suburban office properties.

For this latest project, the company plans to reposition the 351,425 square foot class A office building at 21440 W. Lake Cook Rd. in Deer Park from a single to multi-tenant focus. The new lobby has been completed; the firm will complete the remainder of the project in early November.

“We believe in the suburbs in certain markets, as do corporations, which are committing to long-term leases,” Daniel Cooper, head of 90 North's operations in North America, tells GlobeSt.com. “While there is movement to the central business district's in many markets, there is a large segment of the population that wants the quality of life the suburbs offers. They want a place to raise children and the proximity to family, schools, and retail options, as well as the ease of driving.”