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This year, the market may find an equilibrium. The last few years—2014, 2015, 2016 and 2017—have produced record-breaking investment volumes throughout the West Coast, keeping professionals endlessly busy. This year, the first quarter has been slower than usual for investment sales activity, but Scott Peterson, an SVP at CBRE, says that is because we are returning to a normalized market cycle. That means the first quarter should be slow while the fourth quarter is the busiest.

“As a general trend, the last several years have been busy,” Peterson tells GlobeSt.com. “2014, 2015 and 2016 were busy, and it got a little hard to get things done in 2017 because every product type is full. I think we have reverted back to a normalized market. Historically, the first quarter is always slow and the fourth quarter is the busiest. I think we have returned back to that market. I think this year, every quarter is going to be busier than the last, which is a traditional market for us.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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