FOOTHILL RANCH, CA-A Lake Forest-based printing company has inked a five-year lease at an R&D facility in Foothill Ranch.

According to the terms of the $2.2-million agreement, International Color Posters Inc. will occupy 50,000 sf at the property. The company, which runs a corporate headquarters and printing facility in Lake Forest and a digital lab in Irvine, plans to consolidate some of its operations at the recently leased property. ICP expects to be fully operational in the Foothill Ranch facility, which stands at 19651 Alter, by March 1, 2002.

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