Norfolk County’s top real estate deals of Q2 2024: Luxury properties, major sales highlighted

Norfolk County Register of Deeds William P. O’Donnell reported that during the second quarter of 2024, ten properties, a mix of commercial and residential, sold for more than $16,000,000, with an average price of $31,044,300.

The prices on the properties to follow concern real estate sales from April 1, 2024, through June 30, 2024.

The ten properties were:

1. 34-50 Central Street, Wellesley, a collection of three boutique mixed-use retail units with a total area of 40,860 square feet, was sold in May for $16,000,000;
2. Braintree Manor, a 177-bed senior living facility located at 1102 & 1106 Washington Street, sold for $22,000,000 in April;
3. 715-795 Bridge Street, Weymouth, known as Riverway Plaza, a 250,000-square-foot retail center, sold in June for $23,000,000;
4. 65 Walnut Street, Wellesley, a five-floor, 67,500-square-foot, multi-clinic medical outpatient building sold in June for $24,300,000;
5. 1400 Providence Highway, Norwood, the three-building, 155,912-square-foot mixed-use office space, and research and development facility known as the Norwood Business Center, sold in June for $24,500,000;
6. The Southfield Redevelopment Authority purchased property on Memorial Grove Avenue, Weymouth, 368,270 square feet of land on the site of the former South Weymouth Naval Air Station in June for $25,000,000;
7. 1 Richard A Stratton Way, Quincy, the five-floor, 89,507-square-foot Holiday Inn hotel, sold in May for $30,498,000;
8. 1280-1300 & 1330 Boylston Street, Brookline, a 5.34-acre office park comprised of four commercial buildings totaling nearly 120,000 square feet, sold in May for $41,000,000;
9. 122 & 130-132 Granite Street, Quincy, the 100,000-square-foot retail shopping plaza known as Granite Place, sold in May for $41,500,000;
10. 655 Washington Street, Weymouth, the 4-story, 160-unit luxury apartment complex known as Helix Apartments, sold in May for $62,645,000.

The top sales appear to have been a combination of apartment complexes, retail, and office space. Excise taxes from these 10 sales totaled more than $1,415,620 for the state and county.

“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.”

The Norfolk County Registry of Deeds, located at 649 High St., Dedham, is the principal office for real property in Norfolk County. The Registry is a resource for homeowners, title examiners, mortgage lenders, municipalities, and others with a need for secure, accurate, and accessible land record information. All land record research information can be found on the Registry’s website, www.norfolkdeeds.org. Residents in need of assistance can contact the Registry of Deeds Customer Service Center at (781) 461-6101 or email us at [email protected].