It is begin reported here that a Swedish Pension Fund is selling their global portfolio of commercial properties which includes several assets in the Bay Area.
There are several reasons why people sell - they've reached their investment goals, the market is hot, or there are signs that we have hit the peak (or near it).
When something of this magnitude occurs, it leads many to believe that we're close to the top of the market as it wouldn't be prudent to sell early and leave a whole ton of money on the table.
