LegalZoom.com Sells Texas Office Building for $38 Million-March 2024-www.financetom.com

LegalZoom.com Sells Texas Office Building for $38 Million

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

LegalZoom.com Sells Texas Office Building for $38 Million

Apr 1, 2025 6:57 AM

09:34 AM EDT, 04/01/2025 (MT Newswires) -- LegalZoom.com ( LZ ) said Tuesday that it has sold its office building in Austin, Texas for about $38 million in cash.

The company also said it opened new leased offices in Austin, Texas, and Sherman Oaks, California to better align with its business needs.

Shares of LegalZoom were down 2% in early trading Tuesday.

Price: 8.43, Change: -0.18, Percent Change: -2.09

Previous page： Business travel recovery to be delayed until 2026 due to inflation and labor shortage Next page： PUBG publisher Tencent reports first ever decline in revenue due to Chinese crackdown and COVID-19

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Business travel recovery to be delayed until 2026 due to inflation and labor shortage

Aug 15, 2022

Global Business Travel Group Inc, the owner of the world's largest corporate travel agency American Express Global Business Travel, said last week that revenues this year were expected to average around 65 percent of 2019 levels, though that did not include the impact of a possible recession.

PUBG publisher Tencent reports first ever decline in revenue due to Chinese crackdown and COVID-19

Aug 17, 2022

Due to a resurgence of Covid in China and subsequent lockdowns of major cities, including Shanghai, Tencent faced macroeconomic headwinds in the quarter. The world's second-largest economy has been disrupted by the government's zero-COVID policy.

Saudi Aramco profit hits another record in first half due to high oil prices

Aug 14, 2022

Aramco's net profits for the first half of the year were helped by strong second-quarter earnings that hit $48.4 billion a figure higher than the first full half year of 2021 when profits reached just $47 billion.

Russia's Gazprom to halt gas to Europe via key pipeline, cites maintenance work

Sep 2, 2022

The Russian state-run energy company said in a social media post that it had identified malfunctions of a key turbine along the Nord Stream 1 pipeline, which carries natural gas from Western Russia to Germany.