Bractlet to Implement Smart Technology Across 9M-SF Portfolio

Smart building software company Bractlet entered into an agreement with Lionstone Investments to implement smart technology across 31 office buildings that total nine million square feet. The Austin-based Bractlet’s technology will help Lionstone, headquartered in Houston, acquire necessary operational data to help cut costs and save energy. The technology will be placed in approximate one-half of Lionstone’s total U.S. portfolio.

Bractlet’s system involves collecting inputs, including equipment-level energy consumption, weather data, occupancy rates and other real-time information to create a so-called “digital energy twin” of each individual building. The company then simulates the building’s performance with 98% accuracy, which allows owners to gauge energy use reduction of potential building optimization.

“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,” said Lionstone’s Tom Paterson.

Pictured: Frost Bank Tower, Austin (part of Lionstone Portfolio

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