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Redevelopment of Former HH Gregg Headquarters Campus on Indianapolis Northside

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Indianapolis-based Citimark has closed on the acquisition of the former HHGregg property located at 4151 East 96th Street on the northside of Indianapolis, IndianaAlex Cantu with Colliers Indianapolis assisted Citimark with the purchase.

Redevelopment planning for the infill 27-acre site is currently underway. Uses being considered for the redevelopment strategy include single or multi-tenant flex, industrial, and last-mile uses while preserving the flexibility for some retail outlots.

The current site consists of over 400,000 square feet of office, industrial, and showroom buildings. The campus previously served as the headquarters for major consumer electronics and home appliances retailer HHGregg – as well as its warehouse, distribution and retail showroom functions. The facility has been vacant since the company ceased operations in 2017.

Citimark purchased the property on December 24, 2020.

Marketing the redevelopment project for Citimark will be Colliers Indianapolis brokers, Jimmy Cohoat and Brian Zurawski. 


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Jimmy Cohoat

Senior Vice President

Indianapolis

Jimmy Cohoat SIOR provides corporate real estate advisory services for industrial and corporate account clients. He is partnered with Andrea Hopper, specializing in Modern Bulk Industrial product, representing tenants, landlords and investors across the country.  Since joining the firm in 2014 he has represented clients in transactions exceeding $600,000,000. 

Prior to joining the firm, Jimmy worked in public accounting with one of the big four accounting firms, Deloitte. Serving in the audit practice, Jimmy acquired and perfected project management and financial analysis skills while managing quarterly and annual audits of both publicly traded and privately held companies. These valuable experiences enable him to better understand how all decisions can affect a company’s bottom line.

In 2018, Andrea and Jimmy earned the Peak Performance Brokerage award for Indianapolis office in recognition of their strong production as well as their established best practices and contributions to the office’s industrial team initiatives. He was the top Industrial Producer in the Indianapolis office in 2018 and in the top 10% of Producers for Colliers nationally, earning him recognition in the firm’s Everest Club.

Jimmy is a graduate of Purdue University’s Krannert School of Management, earning a degree in accounting while also obtaining his Certificate of Advanced Accountancy.

He is an active volunteer at Cathedral High School and also works to support the local Evans Scholarship Programs.

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Brian Zurawski

Executive Vice President & CoMarket Leader

Indianapolis

I specialize in multi-market Corporate Services with a strong focus on logistics and corporate facilities on a regional and global scope. My core strengths are site selection analysis & advisory services, working collaboratively with corporate real estate heads, local/state economic development officials, and incentive procurement advisors. I conduct in-depth due diligence & analysis on key factors required by Fortune 500 companies to make sound decisions regarding multi-million dollar manufacturing / distribution facilities – location, number of facilities required, size, & operational requirements. I’ve worked on projects throughout the U.S. and in Mexico, Canada, Asia, Europe, Australia, and Africa.

In addition to brokerage, I contribute to the firm in various leadership roles. Currently, I serve as Co-Market Leader for the Indianapolis office, overseeing the firm’s strategic initiatives and key business units. Previous roles include a lead advisory capacity of the firm’s Property Management division. Additionally, I led the brokerage operations and managed the company’s infrastructure. In 2007, I directed the firm’s selection, planning, testing and launch of an industry-tailored CRM platform and project management tool.

I have been a recipient of  key company awards at Colliers Indianapolis including: Top Overall Producer 2011, 2012, 2013, 2014, 2nd Highest Producer 2016, Largest Transaction 2011, and Peak Performance Award 2009.  Additionally,  for Colliers International for 2016 and 2017, I was an Everest Club inductee based on top 10% of production across the Americas region.

Previously, I worked at Celadon Group, a leading international transportation company, where he managed project development and real estate interests on an international basis

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