The Round Rock School District paid nearly $38 million for a 206,000-square-foot office, which was formally home to LegalZoom, the legal services firm. The facility at 9900 Spectrum Drive will now become a districtwide center for career and technical education and innovation. It will house training for auto body, cosmetology, early childhood and electrical trades, among other uses that will include providing practice spaces for robotics teams.

The school district says its purchase price of $37.75 million represented a savings of about $9 million compared to the property’s market value.

The company also announced the opening of new leased office spaces in Austin and Sherman Oaks, California, designed to better align with the company’s current needs.  “With the sale of our Austin office and opening of two leased spaces, we were able to increase our cash position while driving meaningful, in-person interactions to build connections and improve overall engagement,” said LegalZoom’s Sheily Chhabria Panchal.