There are 2 kinds of lace rock. The first is derived from volcanic action and is acidic in nature. This rock is also uncommon in the fish hobby.
The second type is man-made lace rock using aragocrete. This "reef cement" runs an initial pH of 8.2 to 8.3 when the rock is first introduced into the tank. pH 'boost' effect can be lowered by dropping the rock in a bath of diluted muriatic acid. Once the visible reaction is completed, the lace rock will maintain a tank's alkalinity at a more stable 7.5 - 8.0 depending on the matrix used to make it.
Reef supply outlets carry unprocessed aragocrete that you can use to construct your own custom rock work designs to best suit your setup.