Material Agreement, Financial Obligation (Form 8-K)

On September 26, 2025, Nuveen Global Cities REIT OP, LP (the "Borrower"), a wholly owned subsidiary of Nuveen Global Cities REIT, Inc. (the "Company"), and the Company entered into the Second Amended and Restated Credit Agreement (the "Second A&R Credit Agreement") with Wells Fargo Bank, National Association, as administrative agent and certain lenders named therein, which amends and restates that certain Amended and Restated Credit Agreement, dated September 30, 2021 (as amended, the "Prior Credit Agreement"). As previously reported, the Prior Credit Agreement provided for aggregate commitments of $455 million, consisting of a $321 million revolving facility and a $134 million term loan facility, with an accordion feature that could increase the aggregate commitments to up to $800 million.

The Second A&R Credit Agreement increases the aggregate commitments to $665 million, consisting of a $440 million revolving facility (the "Revolving Facility") and a $225 million term loan facility (the "TL Facility"), with a $135 million accordion feature that may increase the aggregate commitments to up to $800 million. The Revolving Facility and TL Facility will mature on September 26, 2028, subject to two one-yearextension options held by Borrower, which include the payment of an extension fee of 0.125% of the aggregate commitment of the respective facility extended. Loans outstanding under the Revolving Facility and TL Facility bear interest, at the Borrower's option, at either an adjusted base rate or a Secured Overnight Financing Rate ("SOFR") rate, plus an applicable margin. For the Revolving Facility, the applicable margin ranges from 0.30% to 0.90% for borrowings at the base rate and 1.30% to 1.90% for borrowings at the SOFR rate based on the total leverage ratio of the Borrower and its subsidiaries. For the TL Facility, the applicable margin ranges from 0.25% to 0.85% for borrowings at the base rate and 1.25% to 1.85% for borrowings at the SOFR rate based on the total leverage ratio of the Borrower and its subsidiaries. Additionally, for the Revolving Facility, there is an unused fee that ranges from 0.15% to 0.25% based on the usage ratio of Revolving Facility commitments.

The foregoing description of the Second A&R Credit Agreement is qualified in its entirety by reference to the Second A&R Credit Agreement, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K.

The information discussed under Item 1.01 of this Current Report on Form 8-Kis incorporated by reference into this Item 2.03.