Size: 1.2 million square feet
Location: San Francisco, CA
Centurion acquired The Beacon (formerly Mission Place) in December 2004. Located in San Francisco, this mixed-use project comprises 1.2 million square feet, including 595 residential condominiums, grocery-anchored retail, office space and a 1,000-space parking garage. Centurion sold 90% of the project's residential units within 12 months, and the entire project was sold out within 24 months, delivering a superior return to the project's investors.