Lionstone Investments creates tech agreement with Bractlet

Lionstone Investments has entered into an agreement with Austin-based smart building software company Bractlet to implement its technology at 31 office properties totaling nearly 9 million square feet, about half of its total U.S. portfolio.

“Lionstone is recognized in the industry for its commitment to a data-driven approach to real estate investing,” said Tom Paterson, Lionstone’s head of portfolio management and co-head of operations. “Implementing Bractlet’s technology at the portfolio-level allows us to make informed decisions that benefit our investors, conserve energy, and improve tenant comfort and productivity. In this manner, Lionstone is able to provide best-in-class management throughout the entire investment lifecycle.”

Bractlet’s technology, which identifies opportunities to optimize capital inves