Lerner Provides CarCharging's Electric Vehicle Charging Services at Commercial Office Buildings in the Washington Metro Area
One of Washington's Largest Private Real Estate Developers and the Leading Electric Car Charging Service Provider Expand Workplace EV Charging
MIAMI BEACH, Fla., Oct. 4, 2013 /PRNewswire/ -- Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging"), a nationwide provider of convenient electric vehicle (EV) charging services, is pleased to announce its partnership with Lerner Enterprises ("Lerner"), one of the largest private real estate developers in the Greater Washington, DC Metropolitan Area. Through this partnership, EV charging services are now available at five office buildings in the Washington, D.C. metropolitan region. Tenants and guests can now conveniently charge their electric cars at the following locations:
- Washington Square; 1050 Connecticut Avenue, NW; Washington, DC
- Washington Square is located in the heart of Washington's Central Business District and footsteps from the White House. Washington Square encompasses one million square feet of elegant office and prime retail space. The property recently received a multi-million dollar remodel and received the prestigious LEED® Silver Certification.
- 20 M Street; 20 M Street, SE; Washington, DC
- 20 M. Street, SE is a 10-story, 190,00 square foot Class A office building within the Capitol Riverfront neighborhood and located directly across M Street from the Navy Yard Metro Station, as well as one block from Nationals Park, the home of the Washington Nationals. The building is LEED® Gold certified.
- The Corporate Office Centre at Tysons II; Tysons Corner, VA
- 1650 Tysons Boulevard - 395,000 sq. ft. office building and one block to future Tysons Corner Metro Station.
- 1750 Tysons Boulevard - 405,000 sq. ft. office building and one block to future Tysons Corner Metro Station.
- Fallsgrove Village Office Center; 14955 Shady Grove Road; Rockville, MD
- Fallsgrove Village Office Center is a 75,000 square foot three-story Class A office building located in the Life Sciences Corridor of Rockville, Maryland. The building is located adjacent to Fallsgrove Village Center, The Fallsgrove Hilton Garden Inn and Homewood Suites by Hilton, and Fallsgrove Plaza, a LEED® Gold Certified building, which is currently under construction and is projected to open in late 2013.
"In order to continue to expand our EV charging infrastructure and support EV drivers, CarCharging continues to identify and partner with companies that offer convenient and accessible locations," said Michael D. Farkas, CEO of CarCharging. "Given its portfolio of commercial and retail properties, we are proud to partner with Lerner and to offer EV charging services at their properties."
"As part of our mission, Lerner embraces new technology and innovative thinking to create dynamic places to live, work and play," said Mark D. Lerner, a principal of Lerner. "By partnering with CarCharging, we are able to support a cleaner source of energy, to provide additional amenities to our tenants, and to provide electric car drivers in the metropolitan Washington, DC metro area with EV charging services."
The EV charging services at these locations utilize Level II EV charging stations, which provide 240 volts with 32 amps of power to quickly recharge an electric vehicle's battery. EV drivers can easily request CarCharging's evCharge card online, and attach the small card to their keychain to initiate use and payment at these locations. CarCharging's evCharge card also allows drivers to use charging locations on the ChargePoint® Network, the largest national cloud-based network connecting EV drivers to EV charging stations. CarCharging's EV charging stations also accept direct payment via credit card.
Users can pinpoint additional EV charging station locations using the CarCharging map at www.CarCharging.com.
About Car Charging Group, Inc.
Car Charging Group, Inc. (OTCQB: CCGI) is a pioneer in nationwide public EV charging services, enabling EV drivers to easily recharge at locations throughout the United States. Headquartered in Miami Beach, FL with offices in San Jose, CA; New York, NY; and Barcelona, Spain; CarCharging's business model is designed to accelerate the adoption of public EV charging services.
CarCharging provides a comprehensive turnkey program to commercial and residential property owners for EV charging services. CarCharging owns and operates the EV charging equipment; pays for all installation, maintenance, and related services; and shares the EV charging revenue with the property owner. Thereby, eliminating capital costs for the property owners, and providing a potential additional stream of revenue.
CarCharging has 87 strategic partnerships across multiple business sectors including multi-family residential and commercial properties, parking garages, shopping malls, retail parking, and municipalities. CarCharging's partners include, but are not limited to Walgreens, Simon Property Group, Equity One, Equity Residential, Forest City, Ace Parking, Central/USA Parking, Icon Parking, Rapid Parking, Parking Concepts, CVS, Related Management, Pennsylvania Turnpike Commission, Pennsylvania Department of Environmental Protection, City of Miami Beach (FL), City of Hollywood (FL), and City of Norwalk (CT), that manage or own a total of over 8 million parking spaces.
CarCharging is committed to creating a robust, feature-rich network for EV charging and is technology agnostic. CarCharging's EV charging network includes equipment manufactured by Aerovironment, ChargePoint, Efacec, General Electric, Nissan, and SemaConnect. The Level II charging stations are compatible with EVs sold in the United States including the Tesla Model S, Nissan LEAF, Chevy Volt, Mitsubishi i-Miev, Toyota Prius Plug-In, Honda Fit EV, and Toyota Rav4 EV, as well as many others scheduled for release in the next few years.
For more information about CarCharging, please visit www.CarCharging.com.
About Lerner Enterprises
Lerner Enterprises (Lerner.com) of Rockville, Maryland, founded by Theodore N. Lerner in 1952, is one of Washington, D.C.'s largest private real estate developers and is involved in all phases of commercial, residential, retail, hotel and mixed-use real estate. This includes planning, development, construction, leasing and asset and property management. Lerner has developed and currently manages more than 20 million square feet of office buildings, retail centers and residential communities. Lerner's office portfolio is comprised of many well-known developments including: The Corporate Office Centre at Tysons II (Tysons2.com), Tysons Corner, VA; 2000 Tower Oaks Boulevard (TowerOaks.com) with LEED® Platinum Certification, Rockville, MD; The Corporate Office Park at Dulles Town Center (DullesTownCenter.com), Dulles, VA; Washington Square (WashingtonSquareDC.com), Washington, D.C.; Fallsgrove Village Office Center (FallsgroveOffice.com), Rockville, MD; White Flint North, North Bethesda, MD; 20 M Street, SE (20MStreetSE.com) with LEED® Gold Certification, Washington, D.C.; 1133 Connecticut Avenue, NW, Washington, D.C.; Flint Hill Park (FlintHillOfficePark.com), Fairfax, VA; and 7799 Leesburg Pike, Falls Church, VA, among many others.
Lerner's newest developments include Fallsgrove Plaza, a 110,000 Square Foot medical | office building in Rockville, MD that is designed for LEED® Gold Certification, with delivery scheduled for late 2013, and Windmill Parc at Dulles Town Center, a 433-unit luxury apartment home community in Dulles, Loudoun County, Virginia that is projected to open in phases with the first residents moving in the fall of 2014.
Forward-Looking Safe Harbor Statement:
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. Those statements include statements regarding the intent, belief or current expectations of Car Charging Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.
Investor Relations and Media Contacts:
SOURCE Car Charging Group, Inc.
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