When making business decisions worth millions of dollars, you need advice from someone whose judgment you can trust. John MacDonald has for three decades specialized in industrial real estate in the Edmonton market, where his knowledge, relationships and performance are unmatched.
John has been a partner with Cushman & Wakefield Edmonton since 1994 and is the leader of its IndustrialEdmonton.com team. This group counts among its achievements one of the most technically difficult industrial land projects ever done in Edmonton. John describes the sale of the City West Lands as “a huge, complicated, valuable project” that ultimately took ten years to complete.
The sale was complicated by the fact that some of the land was a former lakebed that, although dried up for years, was environmentally protected. Permissions from two provincial departments and a number of municipal stakeholders were needed for the new owner to develop the property. The sale took place after a series of land swaps and environmental enhancements. Vertical construction is underway on the site.
“That was a monster of a deal,” John recalls. “In the whole length and breadth of that deal, there were 10 to 12 transactions. The result will be the development of multiple 100,000-square-foot-plus facilities for national and international clients.”
John began his career as a commercial real estate broker in 1977, and has focused on industrial real estate since the early 1980s. He is Edmonton’s top-performing industrial real estate broker. He is an expert in all stages of land development whose accomplishments include industrial land sales in excess of 3,500 acres and leases in excess of 6 million square feet.
A senior partner for Cushman & Wakefield Edmonton, John holds the firm’s Associate Broker License. He was the first broker in Edmonton to receive the Specialist, Industrial and Office Real Estate (SIOR) designation awarded by the Society of Industrial and Office Realtors.
An active volunteer for many years, John is past president of the Ridge Community League and the South West Area Council of Community League Presidents. He also was involved in the development of the William Lutsky YMCA, the Kinsmen Twin Ice Arenas and the Riverbend Library.