Blue Whale EV announced recently that it had become a reseller for SemaConnect, an electric vehicle charging system company owned by umbrella charging company Blink Charging Co.
That may sound out of the purview of commercial real estate. On one level it is. This is about technology for electric vehicles—cars, trucks, taxis, and a lot more. But it's important for CRE in two ways.
One is that it's impossible to separate CRE from transportation. Tenants often will need parking places, as will any sort of retail, office, or other facility that people travel to. Maybe mass transit will be a large factor, but it's unlikely to be the only one. Especially when logistics, industrial, and trucking are involved. Anyone investing in commercial real estate is almost always investing as well in parking.
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
Already have an account? Sign In Now
*May exclude premium content© 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.