333 SE 2nd Ave 12,393 SF of 5-Star Office Space Available in Miami, FL 33131

The New York State Common Retirement Fund (NYSCRF), established in 1921, is one of the largest public pension funds in the United States, managing retirement assets for over one million members, retirees, and beneficiaries of the New York State and Local Retirement System (NYSLRS). The Fund is overseen by the New York State Comptroller, who serves as the sole trustee, ensuring centralized governance and fiduciary responsibility. As of the third quarter of fiscal years 2025-26, the fund reported assets of approximately $297.8 billion, maintaining its reputation as one of the best-funded and best-managed public pension plans in the nation. The fund employs a diversified, long-term investment strategy across multiple asset classes, including domestic equities (25%), international equities (14%), private equity (15%), real estate (12%), fixed income (22%), credit (4%), real assets (4%), opportunistic/absolute return strategies (3%), and cash (1%). The fund pursues risk-adjusted returns while maintaining fiduciary responsibility to pension beneficiaries. Real estate investments span data centers, multifamily residential properties, hospitality, and office sectors across North America and global markets. Recent direct acquisitions include the Simone Little Italy apartment building in San Diego ($283 million, December 2024) and the Royce multifamily property in Irvine, California ($247.5 million, December 2024). The fund has allocated over $40 billion to sustainable investments through its Climate Action Plan, targeting climate-focused opportunities while managing investment risk related to climate change.