The Denver Post: New industrial development in Arvada lands first tenant

The Denver Post | Jessica Alvarado Gamez | April 28, 2025

Candelas Innovation Park, a newly developed industrial site in Arvada, has landed its first tenant, an aerospace company that has leased more than 61,000 square feet in Building 1.

“This transaction highlights the continued demand for modern Industrial space in the West and Northwest submarkets, while reinforcing Arvada’s prominent role in the region’s advanced manufacturing sector,” said Jeremy Kroner, Senior Vice President at CBRE, who, along with Vice Chairman Jim Bolt, represented the landlord, OCC Industrial.

OCC Industrial, a Denver-based real estate developer and investor, purchased the 31.64-acre parcel of land in 2023 from Cimarron Commercial for just over $4 million, according to a special warranty deed filed with Jefferson County.

At the southeast corner of Colorado 93 and Colorado 72, Candelas Innovation Park will consist of four industrial buildings, covering approximately 350,000 square feet.

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