Los Angeles is expected tohave another solid year of commercial real estate investment salesvolume. Last year, Los Angeles had the highest sales volume in theUS with $28 billion in total sales activity, according to researchfrom CBRE, and this year, sales volume should atleast match if not exceed the sales activity last year.

"All indicators suggest that sales activity in 2020 will bein-line with—or slightly above—the volume of the last severalyears," Eric Willett, director of research atCBRE, tells GlobeSt.com. "Healthy economic growth nationally and inSouthern California should support a broad range of real estatefundamentals, and as one of a handful of gateway markets, theregion will continue to be a cornerstone of investors' real estateportfolios."

In 2019, multifamily and industrial were the clear leaders ininvestment activity, accounting for $17.2 billion of the totalinvestment activity. In 2020, those asset classes will remain theleaders in the investment market. "Moving forward, we expectsustained rebalancing towards multifamily and industrial inresponse to macroeconomic trends," says Willett. "Additionally, weare already seeing signs that the region's freneticcontent-creation pace is driving magnified investor interest inregional office space."