Dedham, MA – Norfolk County Register of Deeds William P. O’Donnell reported that during the third quarter of 2024, ten properties, a mix of commercial and residential, sold for more than $9,000,000, with an average price of $24,620,888.
The following prices pertain to real estate sales from July 1, 2024, to September 30, 2024.
The ten properties were:
- A 6,081-square-foot, seven-bedroom, eight-bathroom mansion at 43 Heath Hill Street, Brookline, sold for $9,950,000 in July;
- A series of 4-unit apartment buildings constructed in 1941 across nine separate lots on Summit Avenue and Bishop Road in Quincy sold for $10,000,000 in September;
- The Canton Ice House, a 58,000-square-foot ice skating arena located at 65 North Street in Canton, sold for $10,000,000 in August;
- 63 Kendrick Street, Needham, a two-floor, 105,000-square-foot office building with a mix of conference rooms, cubical space, and private offices, sold in August for $13,500,000;
- 25 Sears Road, Brookline, an 11,786-square-foot, six-bedroom, eight-bathroom mansion built on 3 acres of land, was sold in August for $14,844,000;
- The well-regarded wedding venue, The Lantana banquet hall, and popular Night Club Vincent’s, both located near 43 Scanlon Drive, Randolph, sold in August for $20,714,881 as part of a multi-property deal;
- 81 King Street, Cohasset, a 68,507-square-foot self-storage facility, sold in August for $25,100,000;
- 2 Kay Way, Stoughton, a 118,200-square-foot manufacturing and warehouse facility build on 5.92 acres of land, sold in September for $26,100,000;
- A multibuilding manufacturing facility totaling more than 212,000 square feet of space located at 10 & 20 Dan Road, Canton, sold in May for $50,000,000;
- 170-180 Main Street, Walpole, the 3-story, 161-unit Senior Living Community, known as New Pond Village, sold in August for $66,000,000.
The top sales appear to have been a combination of private homes, apartment complexes, recreational, manufacturing, and office space. The state and Norfolk County collected excise taxes totaling more than $1,122,700 from these 10 sales.
“The variety in these real estate transactions bodes well for the Norfolk County economy, with high-value properties selling in both commercial and residential sectors,” stated Norfolk County Register of Deeds William P. O’Donnell. “This also indicates that Norfolk County is not only a desirable place to both live and work but is also a magnet for business, industry, and trade.”