Big V Property Group, The Seitz Group To Break Ground On Rosamond Town Center in Anna, TX June 30

CHARLOTTE, N.C. and DALLAS (June 9, 2026) - In the continued development of a rare new, ground-up retail property, Big V Property Group and The Seitz Group will celebrate the groundbreaking of Rosamond Town Center in Anna, Texas, on Tuesday, June 30 at 10 a.m. at the southeast corner of Rosamond Parkway and Hwy. 75. Scheduled to attend will be executives from Big V Property Group, The Seitz Group, Principal Asset Management^®, Citizens Bank, and public officials including Anna Mayor Pete Cain.

The 355,826-square-foot, open-air center will be anchored by Academy Sports + Outdoors, Aldi, Burlington, EOS Fitness, Hobby Lobby, HomeGoods, PetSmart and T.J. Maxx, and will feature several outparcels and specialty stores. It is an additional, complementary development to Rosamond Crossing, with 175,300 square feet anchored by Kroger (now under construction), with other tenants including Bank of America and McDonald's about to start construction. The two will be part of a 750,000-square-foot complex in Collin County being developed by Big V Property Group, The Seitz Group and Principal.

"We're delighted that this new, much-needed project to serve a growing submarket of Dallas is continuing so rapidly - with Rosamond Town Center beginning construction nearly one year ahead of our original schedule," said Jeffrey Rosenberg, Chairman and CEO of Big V Property Group. "Our partnership with Eric Seitz on this exciting new project has been an extraordinary way to expand our redevelopment, management, operations and leasing expertise into new construction."

Rosamond Town Center is the result of a strong partnership between The Seitz Group and Big V Property Group, which boast decades of combined experience in retail development and operations. Based in Dallas/Fort Worth, The Seitz Group has developed 51 retail shopping centers totaling 8.8 million square feet over its 33-year history. Big V Property Group, with over 80 years of experience, owns and manages 23 shopping centers. The Anna projects are its first ground-up developments. Together, the partnership contributes extensive expertise in commercial real estate development, asset management, property management, and leasing.

"Our strategy as we acquire and redevelop properties around the United States has been to reinvest in their infrastructure and bring in the tenants that consumers want and need today," said Kenton McKeehan, President and Chief Investment Officer of Big V Property Group. "Working with Eric Seitz, we are employing the same leasing, management and operations expertise to this new project, that will create a dense core of retail to serve Anna and surrounding communities."

Anna was recently named the fifth fastest-growing U.S. city with populations of 20,000 or more, according to the U.S. Census Bureau. Three neighboring cities - Celina, Princeton, and Melissa - were ranked first third and fourth. The centers are located in Collin County, one of the fastest growing counties in the U.S., with population growth of 12% from 2020 to 2023 to nearly 1.2 million people. That number is expected to double by 2060, equaling all of the city of Houston. The median household income is $117,000.

"That we are breaking ground on Rosamond Town Center less than one year after beginning construction on our Southeast project is a testament to the need for more quality retail in Anna, and especially on the Interstate 75 corridor," said Eric Seitz, The Seitz Group. "And the area continues to grow, with housing developments being announced regularly. These new residents will have the best-in-class shopping, dining and services right in their own backyards."

Big V Property group already owns and operates six properties in the Lone Star State, comprising of RIM and Alamo Ranch in San Antonio, Glade Parks in Euless, Deerbrook Marketplace in Humble, Fairfield Town Center in Cypress and Southpark Meadows in Austin. As a vertically integrated company, the 80-year-old, family-run Big V Property Group boasts decades of experience in real estate asset management, commercial property management, outparcel development and leasing.

Rosamond Town Center is being financed with a combination of developer equity, financing from Principal Asset Management^®, and construction loan from Citizens Bank.

"Our recent acquisition of Fairfield Town Center in metro Houston was with a fund managed by Principal Asset Management, and we're delighted to extend our relationship with them through this Dallas project," said Bryan Kallenberg, Vice President of Capital Markets for Big V Property Group.

"Based on Big V's expertise in retail, and our successful work with them on acquiring Fairfield Town Center, we're pleased to collaborate on this project," said Colin Frye, Investment Director of Asset Management at Principal Asset Management^®. "This new project in Anna, Texas will serve a growing community and reflects our shared focus on supporting high-quality retail development."

"It is so exciting to have these important retailers coming so close to home, creating convenience and economic opportunity for our community," said Pete Cain, Mayor of Anna, Texas. "Working with Big V and The Seitz Group has been a pleasure and we are looking forward to opening day."

About Big V Property Group
Big V Property Group (Big V) is a family-owned leader in retail real estate with an 80-year history of serving communities and creating superior value for investors. We own, operate, and develop premier retail properties in growing and thriving Sunbelt communities across 14 states. Our 50+ neighborhood community and shopping centers are at the heart of retail districts in high-growth demographic markets, occupying a total of 9.5 million square feet. This careful selection has led to record-high occupancy rates, as our prime locations drive significant business for our tenants, enhance returns for investors, and support vibrant community activity. We are headquartered in Charlotte, NC with major offices in Murfreesboro, TN, San Antonio and Austin, TX, and Florida, NY. For further information, please visit bigv.com.

About The Seitz Group
The Seitz Group (SGI) is a real estate development company located in the Dallas-Fort Worth area. SGI's development process begins in the pre-development phase, where market and site analyses determine project feasibility and guide its formulation. Once a project is deemed viable, SGI focuses on design, financing, and scheduling.

During construction, a team of experts manages all aspects, including cost control, field supervision, and coordination with operational needs, ensuring the project's economic viability and long-term adaptability. SGI has completed 51 projects totaling 8.8 million square feet of retail space over 33 years.

In leasing, SGI maximizes rent through strategic tenant mixes, creative marketing, and lease negotiations, while their property management services provide comprehensive solutions, from accounting to redevelopment analysis.

About Principal Asset Management^®

With public and private market capabilities across all asset classes, Principal Asset Management and its investment specialists look at asset management through a different lens, creating solutions to help deliver client investment objectives. By applying local insights with global perspectives, Principal Asset Management identifies distinct and compelling investment opportunities for more than 1,100 institutional clients in over 80 markets.¹ Principal Asset Management is the global investment solutions business for Principal Financial Group®, managing more than $601.6 billion in assets¹ and recognized as a "Best Places to Work in Money Management"² for 14 consecutive years. Learn more at www.PrincipalAM.com.

About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, with $227.9 billion in assets as of March 31, 2026. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail, private banking, wealth management and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,000 ATMs and approximately 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. Consumer Banking includes Citizens Private Bank and Private Wealth, which integrate banking services and wealth management solutions to serve high- and ultra-high-net-worth individuals and families, as well as investors, entrepreneurs and businesses. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on X, LinkedIn or Facebook.

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