Case Study: Prioritizing Sustainability with EV Charging Solutions

A leading commercial real estate firm has demonstrated its commitment to sustainability by partnering with a major EV charging provider to install electric vehicle (EV) charging solutions across its multifamily residential properties in the United States. This strategic move not only caters to the growing demand for EV charging but also positions the company as a forward-thinking organization dedicated to creating sustainable communities.

EV Charging: More Than Just an Amenity

For this real estate firm, providing EV charging infrastructure is more than just offering an amenity to residents. The Head of Sustainability and Utility Management emphasized the importance of listening to their residents’ needs. “We heard directly from the property manager and the senior regional manager that we had to get those replaced immediately because our residents were absolutely relying on them,” he said, referring to the need to replace older charging stations. By prioritizing resident satisfaction and recognizing the increasing reliance on EV charging, the company has taken a proactive approach to future-proofing its portfolio and meeting the evolving demands of its communities.

Implementing a Strategic Rip-and-Replace Program

The firm has implemented a strategic rip-and-replace program to switch out older charging stations with new solutions. The Head of Sustainability explained the rationale behind this decision: “We were really looking to find that best-in-class partner that could help us leverage our buying power and our distribution network.” By partnering with a leading EV charging provider, the company has gained access to cutting-edge EV charging technology, reliable service, and a comprehensive software platform, ensuring a seamless and efficient charging experience for residents across their properties.

Expanding EV Charging Footprint

The firm’s commitment to sustainability and EV charging is evident in the rapid expansion of its charging infrastructure. As of today, the company provides residents and tenants access to 423 charging spots across its properties, with deployments in various states, including Northern California, Colorado, New York, Massachusetts, Southern California, and Texas. This widespread adoption of EV charging solutions not only caters to the growing demand for sustainable transportation but also positions the company as a leader in the multifamily residential sector, attracting environmentally conscious residents and investors.

The Power of Comprehensive Software and Services

One of the key factors that influenced the firm’s decision to partner with a leading EV charging provider is the robust software and service offerings. The Head of Sustainability emphasized the importance of the software, stating, “We really can’t overemphasize the software enough, but the software is just one component of the overall solution provided.” The comprehensive software platform enables the firm to manage and monitor its charging infrastructure efficiently, while also providing valuable insights and data to optimize operations and enhance the overall charging experience for residents.

Conclusion

This real estate firm’s partnership with a major EV charging provider exemplifies its commitment to sustainability and its dedication to creating exceptional living experiences for its residents. By investing in state-of-the-art EV charging solutions and leveraging expert support, the company has positioned itself as a leader in the multifamily residential sector, attracting environmentally conscious residents and investors alike. This strategic move not only future-proofs the firm’s portfolio but also contributes to the broader adoption of sustainable transportation solutions.