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Serafin Real Estate’s Joe Serafin and Grant Wetmore Close $4.4 Million Sale of Industrial Property in Purcellville, Loudoun County

In another testament to Serafin Real Estate’s unmatched expertise in Northern Virginia’s commercial real estate market, the industrial flex property at 413 Browning Court in Purcellville, VA has been successfully sold for $4.4 million. Despite market challenges such as rising interest rates, the deal showcases the capabilities of Joe Serafin and Grant Wetmore of Serafin Real Estate in navigating complex industrial property transactions in Loudoun County.

Exterior view of 413 Browning Court, an industrial flex property sold by Joe Serafin and Grant Wetmore of Serafin Real Estate in Purcellville, VA for $4.4 million.

413 Browning Court Property Sale Project Overview:

Joe Serafin and Grant Wetmore of Serafin Real Estate managed the sale of this strategically located industrial flex building. The property, located in Purcellville, VA, presented both opportunities and challenges.

  • Property Type: Industrial Flex Building
  • Sale Price: $4,400,000
  • Key Challenge: Managing the sale amid rising interest rates and a limited lease term
  • Location: Purcellville, Loudoun County, VA

Key features of the transaction include:

  • Strategic Marketing: Tailored to local investors and leveraging strong community relationships.
  • Industrial Appeal: The property’s flexibility and high demand for industrial spaces made it a rare opportunity in the Northern Virginia market.

Aerial view of 413 Browning Court industrial property in Purcellville, sold by Serafin Real Estate for $4.4 million.

Navigating the Industrial Real Estate Market

The sale of 413 Browning Court came at a time when rising interest rates and a short lease term posed significant challenges. However, Joe Serafin and Grant Wetmore of Serafin Real Estate identified the strength of the industrial sector in Loudoun County and tailored a targeted marketing approach to emphasize the property’s unique appeal.

Grant Wetmore, President of the Purcellville Business Association, utilized his extensive local connections, playing a crucial role in attracting serious buyers. Their deep understanding of the Purcellville market ensured that the property reached the right audience—local investors familiar with the town’s growth potential.

The Sale Process and Successful Outcome

Through Serafin Real Estate’s strategic efforts, the team received several competitive offers for 413 Browning Court. The winning offer came from a major Loudoun County landowner who was engaged in a 1031 exchange, which created urgency for a timely purchase. Joe Serafin and Grant Wetmore of Serafin Real Estate leveraged this buyer’s need to successfully close the transaction, securing an ideal outcome for both parties.

The seller benefited not only from the sale but also gained several hundred thousand dollars more through a swap loan. This enhanced the financial return and demonstrated the team’s ability to create value even in challenging circumstances.

Client Testimonial

The seller of 413 Browning Court shared their positive experience working with Joe Serafin and Grant Wetmore of Serafin Real Estate, stating:

“Joe and his team did a great job selling my property. From promotion of it nationally to looking at creative alternatives to sell it in a tough market. Ultimately it was their creativity that found us a buyer! No to mention they are fun people with whom to work.” ~Mike C.

Serafin Real Estate: Experts in Industrial Real Estate Sales in Loudoun County

With nearly two decades of experience, Joe Serafin leads Serafin Real Estate with unparalleled expertise in industrial real estate transactions across Purcellville and Loudoun County. Grant Wetmore‘s community leadership and network in Purcellville further amplify the brokerage’s ability to deliver exceptional results for clients.

By combining in-depth market knowledge with strong local connections, Joe Serafin and Grant Wetmore of Serafin Real Estate are the go-to brokers for industrial property sales in Northern Virginia. The sale of 413 Browning Court exemplifies the firm’s proficiency in managing complex deals, even in fluctuating market conditions.

Side view of 413 Browning Court, highlighting the industrial flex building sold by Joe Serafin and Grant Wetmore in Loudoun County, VA.

Results and Client Satisfaction

The successful sale of 413 Browning Court for $4,400,000 not only surpassed expectations but also emphasized the strength of Joe Serafin and Grant Wetmore of Serafin Real Estate in the industrial real estate market. Their strategic approach, market knowledge, and ability to foster relationships in Purcellville led to a seamless and profitable outcome.

Joe Serafin of Serafin Real Estate, brokers behind the $4.4 million sale of 413 Browning Court in Purcellville, VA.Grant Wetmore of Serafin Real Estate, brokers behind the $4.4 million sale of 413 Browning Court in Purcellville, VA.If you’re looking to buy or sell industrial properties or other commercial real estate in Loudoun County, contact Joe Serafin and Grant Wetmore of Serafin Real Estate at (703) 261-4809. We specialize in helping investors and property owners achieve their real estate goals with expertise and precision.