Dottid, the commercial real estate (CRE) SaaS technology platform for asset management and leasing transactions, announced a strategic partnership with Lincoln Property Company (LPC), an international real estate firm, development company, owner and brokerage that offers value-added services to clients across the commercial and residential landscapes. This collaboration closely follows Dottid’s recent announcement of its integration with Altus Group Limit’s Arcus Cloud Platforms, which provides on-demand, real-time asset valuations.
LPC also led Dottid’s latest funding round of $4.5 million which ended in December.
Founded in January 2020, Dottid is a centralized platform through which owners, brokers and tenants of office, industrial and retail properties can gain key insights into their properties and track every movement of a leasing transaction. These can include upcoming lease expirations, deal activity, vacant suites and several other variables that empower owners through facilitating both asset and leasing management.
“After our first meeting with the Dottid team and getting an inside look at their platform, we knew they were approaching the market with something different than what already existed to serve asset managers and leasing teams,” explained Vince Cicciarelli, vice president at LPC Ventures. “They’ve truly taken a user-centric approach to streamlining the leasing lifecycle by offering what is most important and cutting out the rest. We are excited to welcome them into our portfolio and look forward to the partnership.”
This investment accelerates Dottid’s national rollout and will include expansion into numerous LPC assets in cities such as Dallas, Los Angeles, Boston and Washington D.C.
