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You are here: Home » News » Real Estate Projects Plug Into Electric Car Trend

July 25, 2018

Real Estate Projects Plug Into Electric Car Trend

By Frank S. Romeo, Jr.

CRE GETTING A CHARGE OUT OF ELECTRIC CARS

I recently spoke with a reporter at NJBiz about the commercial real estate impact of the proliferation of electric cars on the state of New Jersey, specifically the incorporation of electric charging stations in development projects as an enticing feature of retail, residential and mixed use commercial spaces.

“In general, there is a larger awareness of the use of electric vehicles and the need to accommodate tenants or patrons who utilize them. Currently, electric car charging stations are popping up at retail, restaurant and recreation sites so that your car can charge while you are shopping and eating. This also creates an opportunity for retailers and landlords in that the provision of a charging station, or multiple charging stations, will attract tenants or shoppers for a given period of time.”

To read the full article in NJBiz, click here.

About the Authors

Frank S. Romeo, Jr.

Frank S. Romeo, Jr.

President
Frank S. Romeo, Jr. is a respected leader in the commercial real estate due diligence industry thanks to his deep knowledge of his clients’ business goals and perspectives as well as his technical environmental and engineering matters. A New Jersey native and President of Partner Engineering and Science, Inc., Mr. Romeo manages sixteen national client managers and all technical project managers on the east coast, which includes Partner’s offices in Boston, New York, New Jersey, Philadelphia, Baltimore, Charlotte, and Rocky Hill, CT. He heads up Partner Engineering and Science’s East Coast Operations. He has managed thousands of commercial real estate projects and successfully led Partner’s expansion into the engineering design space. He was named as one of Real Estate Forum Magazine’s Forty Under 40 in 2012. Mr. Romeo has performed and managed well over 5,000 environmental site assessments for residential, commercial and industrial properties throughout the United States and internationally. He was a Client Manager at a national due diligence firm where he managed over $25M worth of due diligence projects over his five-year tenure. He was instrumental in several of Partner’s key acquisitions, including LandAmerica Assessment Corporation, Continental Surveying, and Birdsall Services Group, all of which have served as pivotal to Partner’s growth.

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