{"id":1004666665,"date":"2023-06-07T04:54:32","date_gmt":"2023-06-07T12:54:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004666665"},"modified":"2023-06-07T08:53:41","modified_gmt":"2023-06-07T16:53:41","slug":"accommodating-evs-has-a-long-way-to-go","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/accommodating-evs-has-a-long-way-to-go\/","title":{"rendered":"The Long Road to Accommodating EVs"},"content":{"rendered":"
\"EV<\/a>

EV panel at NAREE\u2019s 57th Annual Real Estate Journalism Conference in Las Vegas. Image by Lew Sichelman<\/em><\/p><\/div>\n

One day, perhaps in a galaxy far, far away, electric vehicle charging stations will be on every other street corner, just like gasoline stations are now. Perhaps they\u2019ll even replace them. For now, though, commercial real estate owners and developers are grappling with what to build and where.<\/p>\n

That\u2019s according to Andrew Bailey of EnviroSpark Energy Solutions<\/strong>, who told a group of real estate reporters at the National Association of Real Estate Editors<\/strong> annual conference in Las Vegas yesterday that the sector is trying to come to grips with how many electric vehicle drivers there are and what they want. The EV panel was moderated by Commercial Property Executive<\/em> Editorial Director Suzann Silverman.<\/p>\n

There\u2019s a \u201chuge need,\u201d said Bailey, whose Atlanta-based firm is a national turnkey EV solutions provider that is working to help builders and owners figure it all out.<\/p>\n

Bailey advised members of the National Association of Real Estate Editors to tell their readers to get on board. \u201cRetail, commercial, multifamily; everyone\u2019s got to get with the program,\u201d he said.<\/p>\n

\n

READ ALSO<\/strong>: Electric Vehicles Put a Charge in Industrial Growth<\/a><\/p>\n

\n

Even though EnviroSpark has 7,000 or so installations under its belt, it hasn\u2019t even scratched the surface, the company\u2019s chief strategy officer said. \u201cOur business is starting to take off.\u201d<\/p>\n

While Bailey called for a \u201cstart slow\u201d approach, another speaker, Jim Hurless, the managing director of CBRE<\/strong>\u2019s global electric vehicle business, advised a \u201ccollaborative, intelligent approach.\u201d Working together, he added, will \u201chelp ensure\u201d that commercial real estate owners find the right people to their EV businesses.<\/p>\n

\"Jim<\/a>

Jim Hurless, EV Business Global Real Estate Leader, CBRE. Image by Lew Sichelman<\/em><\/p><\/div>\n

Of utmost importance, though, is to \u201ccollaborate with your utility provider,\u201d Hurless said. \u201cThat\u2019s a key partner that can show you the least expensive way to proceed or the best way.\u201d<\/p>\n

It\u2019s also smart to work with the local authorities. \u201cWorking with the city, you can leverage solar panels and battery storage<\/a> to deliver even more savings,\u201d Hurless said.<\/p>\n

The CBRE executive said he advises his commercial real estate clients to treat the process of building charging stations \u201cas a pipeline; start now and add more three, four or five years down the line.\u201d<\/p>\n

For the most part, CBRE\u2019s clients accept that they need EV charging stations but are not particularly keen on operating them themselves. \u201cThey all want someone to do it for them,\u201d Hurless told the assembled journalists. \u201cThey can collect rent and it frees them from all the hassles.\u201d<\/p>\n

Hurless estimated that less than 5 percent of all office buildings offer charging stations for their tenants and their visitors. But a third panelist, David Aaronson of Refuel Electric Vehicle Solutions<\/strong>, a firm which deals solely with multifamily operators, said it \u201cwouldn\u2019t surprise me\u201d if it was less than 1 percent.<\/p>\n

Many existing office structures just don\u2019t have enough electricity to satisfy all their needs, so they are going to have to settle with station sharing, an approach that must be taken care of by a parking valet, Hurless said. When one vehicle is fully charged, the attendant will move it and replace it with another.<\/p>\n

\u201cEventually,\u201d he said, \u201cwe\u2019re going to figure out the logistics of all this. But cars are not being charged at home, so it might take a large public network of EV stations to make it all work.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

As the electric vehicle industry is growing, CRE owners and developers are grappling with what to build and where.<\/p>\n","protected":false},"author":1154,"featured_media":1004666690,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,23891,21742,21747,21786],"tags":[32789,40671],"class_list":["post-1004666665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-national","category-latest","category-office","category-sustainability","tag-cbre","tag-national-association-of-real-estate-editors"],"acf":[],"yoast_head":"\nThe Long Road to Accommodating EVs - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"One day, electric vehicle charging stations will be on every other street corner, just like gasoline stations are now.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/accommodating-evs-has-a-long-way-to-go\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Long Road to Accommodating EVs\" \/>\n<meta property=\"og:description\" content=\"One day, electric vehicle charging stations will be on every other street corner, just like gasoline stations are now.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/accommodating-evs-has-a-long-way-to-go\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-07T12:54:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-07T16:53:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/EV-panel.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"795\" \/>\n\t<meta property=\"og:image:height\" content=\"611\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lew Sichelman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/accommodating-evs-has-a-long-way-to-go\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/accommodating-evs-has-a-long-way-to-go\/\",\"name\":\"The Long Road to Accommodating EVs - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/accommodating-evs-has-a-long-way-to-go\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/accommodating-evs-has-a-long-way-to-go\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/EV-panel.jpg\",\"datePublished\":\"2023-06-07T12:54:32+00:00\",\"dateModified\":\"2023-06-07T16:53:41+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c22692da604748ba40db71c72fb490bd\"},\"description\":\"One day, electric vehicle charging stations will be on every other street corner, just like gasoline stations are now.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/accommodating-evs-has-a-long-way-to-go\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/accommodating-evs-has-a-long-way-to-go\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/accommodating-evs-has-a-long-way-to-go\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/EV-panel.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/EV-panel.jpg\",\"width\":795,\"height\":611,\"caption\":\"EV panel at NAREE\u2019s 57th Annual Real Estate Journalism Conference. 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