Ventures III, sponsored by AIC Ventures, paid $5.5 million or $44.39 per sf for the property built in phases from 1969 to 1986. TRAK will remain on the property at 4726 Eisenhower Blvd. with a 15-year lease carrying an estimated value of $9.3 million. The lease also gives TRAK four five-year renewal options.

Rick Gartner of Dallas-based GNL Properties, who negotiated for Ventures III, tells GlobeSt.com quoted average rents in the Tampa International Airport submarket for comparable properties are in the $7-per-sf to $8-per-sf range.

"We set the rent for the sale/leaseback at roughly 30% below market," Gartner says. James Cate, David Caldwell and Cameron Kennedy of Julien J. Studley Co.'s Atlanta office represented TRAC.