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.
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