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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

A member of the Indy Industrial Advisors team, Jimmy Cohoat SIOR provides corporate real estate advisory services for industrial and corporate account clients, 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.

Jimmy has earned various performance awards for the Indianapolis office including:  Largest Transaction, Most Transactions, Top Industrial Producer, and the Peak Performance Brokerage Award in recognition of strong production as well as established best practices and contributions to the office’s industrial team initiatives. He is an inductee into Colliers Everest Club — recognizing the top 10% of Colliers brokers in U.S. based on sales volume.

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.

Team website:  https://www.indyindustrialadvisors.com/

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Brian Zurawski

Executive Vice President

Indianapolis

Brian Zurawski, SIOR specializes in multi-market Corporate Services with a strong focus on logistics and corporate facilities on a regional and global scope. His notable strengths are site selection analysis & advisory services, working collaboratively with corporate real estate heads, local/state economic development officials, and incentive procurement advisors. Brian conducts 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. Brian has worked on projects throughout the U.S. and in Mexico, Canada, Asia, Europe, Australia, and Africa.

He is an invaluable asset to the firm through his significant contributions in various leadership roles. For numerous years, he served as Co-Market Leader for the Indianapolis office. He currently is a primary leader on the firm's Executive Committe, overseeing strategic initiatives and decision making. Previous roles include a lead advisory capacity of the firm’s Property Management division. Additionally, he has led the brokerage operations and managed the company’s infrastructure. In 2007, he directed the firm’s selection, planning, testing and launch of an industry-tailored CRM platform and project management tool.

Brian has earned impressive awards including Inductee into the Colliers Everest Club, recognizing the top 10% of brokers across the U.S. based on sales volume and Midwest Real Estate News Hall of Fame. His numerous Colliers Indianapolis Awards include: 4-time Top Overall Producer, 2nd Highest Producer, Largest Transaction, Top Producing Team, and Peak Performance Broker Award.

Previously, Brian 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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