Big V Property Group, Seitz form joint venture with Principal Asset Management for Anna, Texas retail center development

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Principal Financial Group

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  • Big V Property Group formed a joint venture with The Seitz Group and a fund managed by Principal Asset Management for Rosamond Town Center in Anna, Texas.
  • Project targets a 355,826-square-foot open-air retail center; construction expected to begin shortly.
  • Development sits within a planned 750,000-square-foot retail complex that also includes the separate Rosamond Crossing project.
  • Citizens Bank will provide financing for Rosamond Town Center.
  • Transaction marks Big V’s second joint venture with Principal Asset Management following the December acquisition of Fairfield Town Center in Cypress, Texas.


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