Electric vehicles are here—and they need a place to plug in. To accommodate EV owners, charging stations are popping up in apartment buildings, retail centers and office buildings—sometimes without cost to the vehicle owner.

"Landlords are providing charging stations for tenants as an amenity. As a minimum, I think there will be charging stations produced through all of the various property types. We will see it everywhere, including residential homes," Mark Dunec, managing director in the real estate solutions practice at FTI Consulting, tells GlobeSt.com.

President Biden's new energy plans will only fuel more adoption. By 2030, the plan would require all auto manufacturers to produce 50% electric vehicles, which would create more jobs. "It is not just coming; it is already here. It is here to stay," says Dunec.

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

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.