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90 North Believes in the Suburbs

CHICAGO—The London-based firm opened a US office last year, and plans $750 million in investments, much of it in suburbs like Deer Park, IL, where it has just begun repositioning one of its most significant office properties.

By Brian J. Rogal | Updated on October 12, 2015

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.

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