The Magnum Self Storage property on Shilshole has just sold for $11.5 million, according to the Seattle DJC.
Commercial real estate agency Kidder Mathews had listed the property on their website as the Ballard Magnum Offering, which includes the two-story 63,240 sq. ft. Magnum warehouse plus an adjacent 4,650 sq. ft. parking lot on Ballard Ave NW.* According to public records, the buyer is Callanan Family Associates from Florida.
The owners of Magnum Self Storage, who opened the facility in the 1970s, announced their plans to sell back in March.
“We want to retire,” co-owner Mike Hall told My Ballard in March. They notified their 500 customers that their last day would be July 4th.
No word yet on the fate of the property, but we’ll keep you updated when we learn more.
Rendering by Kidder Mathews
*Correction: The original version of this story incorrectly stated Kidder Mathews as the buyer.