Bookmarks

LightBox Strengthens Real Estate Data Platform with BuildingFootprintUSA Acquisition

avatar
Michael Johnson
post-picture

Irvine, California — February 1, 2021 — LightBox, a major provider of commercial real estate data and workflow technology, has completed the acquisition of BuildingFootprintUSA, widely recognized for delivering highly detailed building and structure boundary datasets designed for advanced location analytics. As a result of this transaction, LightBox clients will gain immediate access to building footprint data within the company’s broader information ecosystem.

Creating a Unified Parcel, Building, and Property Dataset

By incorporating BuildingFootprintUSA’s structure-level data into its existing portfolio, LightBox is forming what it describes as the only fully integrated dataset that unifies parcel boundaries, building geometries, and property attributes into a single connected framework. This consolidated data environment is engineered to support robust location intelligence applications across commercial real estate, telecommunications infrastructure planning, routing and logistics optimization, insurance underwriting, and the wider geospatial marketplace.

The integration links parcel data with rooftop-precision geocodes, verified addresses, and detailed structural boundaries. According to LightBox leadership, the objective is to dismantle long-standing information silos and replace them with standardized, interoperable datasets capable of powering end-to-end analytics.

Eric Frank, Chief Executive Officer of LightBox, emphasized that the acquisition reflects the company’s strategic focus on innovation within the commercial real estate technology sector. He noted that combining parcel and property records with rooftop-level spatial accuracy enables more precise decision-making and lays the groundwork for a more interconnected data infrastructure across the United States and Canada.

High-Accuracy Building Data for Multi-Industry Use

Founded in 2016 and headquartered in Albany, New York, BuildingFootprintUSA built its reputation by supplying highly accurate building and structure boundary data to organizations operating in commercial real estate, telecommunications, insurance, and digital mapping. Its datasets support applications such as site selection analysis, optimized routing, spatial modeling, and advanced data visualization.

Clients rely on detailed building geometry, height metrics, and ground elevation information to evaluate potential flood exposure, plan broadband network expansion, support public safety and security policy development, and conduct broader geospatial analysis initiatives. The company’s location-based intelligence solutions have been adopted by organizations of varying scale, from regional operators to national enterprises.

Karl Urich, founder and president of BuildingFootprintUSA, stated that joining LightBox provides expanded reach and growth opportunities across North America’s commercial real estate market. He explained that combining the two companies’ data assets will deliver a comprehensive boundary, address, and geocoding solution designed to meet the industry’s highest standards for spatial accuracy.

Expanding Location Intelligence Across North America

The acquisition aligns with LightBox’s broader strategy of building a unified real estate information and technology platform. By integrating parcel-level, structure-level, and property attribute data into a cohesive system, the company aims to enhance analytics capabilities for professionals who depend on authoritative real estate information.

LightBox serves a wide spectrum of customers, including brokers, developers, investors, lenders, insurers, environmental consultants, corporations, valuation professionals, and technology firms that require reliable property data and workflow solutions. The company is supported by investment firms Silver Lake and Battery Ventures.

Through the addition of BuildingFootprintUSA’s datasets, LightBox strengthens its ability to deliver comprehensive geospatial intelligence centered on the built environment—supporting more informed decision-making where people live, work, conduct business, and access services.

Organizations interested in leveraging integrated building footprint, parcel, and property datasets can learn more through LightBox’s platform at lightboxre.com.

Read more

post-picture
post-picture
post-picture
post-picture
post-picture
post-picture
post-picture
post-picture
post-picture
post-picture
post-picture
post-picture
post-picture
post-picture
post-picture