Big V Property Group Secures $95.6 Million Loan For Rosamond Town Center Development In Anna

Rosamond Parkway is the site of a development project known as Rosamond Town Center, covering an area of 355,000 square feet in the Anna market. The project is funded by a construction loan amounting to $95,600,000 from Citizens Financial Group, Inc. The center is set to include multiple retail anchors.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $95,600,000
• Lender: Citizens Financial Group, Inc
• Landlord: Bryan Kallenberg, Kenton McKeehan & Jeff Rosenberg - Big V Property Group
• Brokers: Morris Betesh, Alex Ellman & Jack McPhail - Arrow Real Estate Advisors
• Asset Management: Manny Mendoza, Executive Director - Big V Property Group
• Asset Manager: Grant Swecker, Asset Manager - Big V Property Group

Big V Property Group and The Seitz Group have partnered with a fund managed by Principal Asset Management® to initiate the Rosamond Town Center project. Retailers set to anchor the development include Academy Sports + Outdoors, Aldi, Burlington, EOS Fitness, Hobby Lobby, HomeGoods, PetSmart, and T.J. Maxx.