X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LAKE VILLA, IL-ID Label has broken ground on its new 21,000-square-foot office adjacent to its current location at 461 Park Ave. The new 1.2-acre property will house additional office, manufacturing and warehouse space for the the bar code labeling company. The building is being constructed by Principle Construction Corp., with architectural services provided by Partners in Design Architects.

“The relationships that have been developed with ID Label, Lake Villa and Lake County have been wonderful,” says Jim Brucato, Principle president. “We worked very hard with ID Label to achieve very specific criteria, while meeting their budget. We are excited to have been selected to design and construct ID Label’s new facility.”

ID Label was founded in 1994 and has seen substantial growth in the past decade. It merged in 2001 with ICS of America, a supplier of bar code labels and equipment to the library marketplace – a move which established the company as a leader in the auto ID industry. Additionally, the firm purchased the rights to the equipment and customer base of Imagescan Inc. in 2004, which enhanced ID Label’s presence in the variable imaging and pre-print barcoding industries.

Mike Long is serving as project manager for Principle on this development. The property will offer 4,000 square feet of office, a 1,000-square-foot mezzanine, and 16,000 square feet of warehouse/manufacturing space, with two exterior docks, one drive-in door and 35 parking stalls. The building will be located in the Lake County submarket, where occupancy rates are near 92%, according to Cushman & Wakefield’s Q1 industrial market report.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.