Comment on Commercial real estate is under stress but places like New York and Miami still offer pockets of value, Nuveen Real Estate CIO s

Commercial real estate is under stress but places like New York and Miami still offer pockets of value, Nuveen Real Estate CIO s

(Photo by: Joan Slatkin/UCG/Universal Images Group via Getty Images) There's still opportunity in the commercial property market if investors look hard enough, the CIO of Nuveen Real Estate said. In particular, New York is seeing low vacancy rates in newer vintage buildings, while Miami office rents are sky high. "There is value in office, you just need to know where to look," Carly Tripp told CNBC.

 

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