S
erafin Real Estate has successfully sold the Original Arcola Elementary School in Aldie, VA to the Loudoun County Board of Supervisors for $17 million. This strategic acquisition enhances the county's educational infrastructure as it navigates rapid growth and increasing demand for institutional properties.

    The 44,384-square-foot property was originally built in 1973 as a public school and later repurposed for private education use. Situated on 14.63 acres near major employers like Amazon and Microsoft, its prime location made it a rare institutional asset in a high-demand market.

    Serafin Real Estate, led by Joe Serafin, represented the seller in the transaction. By strategically repositioning the property after the existing tenant vacated, they successfully identified the right buyer - Loudoun County - who saw the long-term potential of this site.

    Initially marketed as a triple-net investment, the property faced challenges due to a below-market lease. However, after pivoting to targeting institutional owner-users, Serafin Real Estate significantly increased interest and ultimately achieved full value in the sale.

    The acquisition aligns with Loudoun County's ongoing growth and increasing need for educational and community-use properties. The county remains one of the fastest-growing regions in the United States, with a limited supply of institutional properties making this acquisition a key opportunity for its long-term infrastructure strategy.

    Serafin Real Estate is a premier commercial real estate brokerage specializing in institutional, early education, industrial, and investment properties throughout Loudoun County, Fairfax County, and Prince William County.