Episode 281: High-Quality New York Office Real Estate Assets Continuing to Attract Investment

Nareit's REIT Report Podcast · Jun 7, 2021 · 9m

High-quality office real estate in New York continued to attract investor interest throughout the pandemic, and the office market overall is “certainly improving,” according to Nadir Settles, head of New York office investment at Nuveen Real Estate.

Speaking on the REIT Report, Settles noted that while there hasn’t been a lot of price discovery during the past year, the few transactions that did occur, notably for high-quality assets, did well. “Investors showed that they are willing to come to New York for the right product, even if it was office,” he said.

Settles said the New York office…