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Seattle & Northwest  + Seattle  + Industrial  |  August 6, 2025
Jasmine Kilman
By: Jasmine Kilman

Wing Point Partners Acquires Ballard Mill Marina for $9.5M

Seattle’s Ballard Mill Marina has changed hands, with the owners selling the private marina to a boutique real estate company for $9.55 million.

The large marine industrial property in the heart of Ballard has been sold to investment and development company Wing Point Partners, reported the Puget Sound Business Journal.

The industrial property, located at 4601 Shilshole Avenue Northwest, spans 16 acres and is historically significant as the home of the 130-year-old Ballard Mill Marina. The site had been owned by members of the Black family since 1889, making it one of the region’s longest-held private waterfront properties.

The Ballard Mill Marina site includes roughly 11 acres of land and five acres of submerged land along Salmon Bay in the heart of Ballard’s historic maritime community. The property is home to the Ballard Mill Marina, a recreational marina, over 500 linear feet of commercial wharf and a variety of industrial buildings.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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