Chris P. answered 06/11/19
Experienced Teacher & Graphics Pro Keeps it Clear & Concise
I know what you mean. Quark had it too—1-click vertically-centered text. Illustrator doesn’t have that feature.
If you create a Paragraph Style, in the “Indents and Spacing” area of Style Options, use the "Space Before" button to move the text down. Use Command/Ctrl. for tenths of 1pt. For this to work, insert one hard Return before the block of text.