Input/Output Inc.'s headquarters campus is located at 11104 West Airport Blvd. Buyer AIC Ventures of Austin specializes in sale-leasebacks. The buyer was particularly interested in the property due to the campus positioning in a growing area and Input/Output's strong future, Darrell Betts, senior vice president with Northbrook, IL-based Grubb & Ellis Co.'s Houston office, tells GlobeSt.com. The campus is near the Sam Houston Tollway.

Betts, Keith Lloyd and Steve Rocher, also Grubb & Ellis senior vice presidents, represented Input/Output. Dan Boyles and John Silberman, both of NAI Partners in Houston, acted on the buyer's behalf.

Input/Output bought the property in the early 1980s. At the time, there was one office building and a manufacturing facility. Today, the campus contains a 91,000-sf office building, 79,566-sf office building and 110,000-sf manufacturing facility. The office buildings are two-story designs and the manufacturing facility, single story.

Betts is mum about the sales price and lease term for the corporate campus. He did say it's a long-term signing. The company has 12 other office properties worldwide, including holdings in Canada, Asia and Russia.

The sale-leaseback, Betts says, is another validation of the strength of the Houston market. And, he adds, the city continues to be a big draw for many national investors.