McNamara Industrial Overview
McNamara Industrial is an established northeast Edmonton industrial park located between 137 Avenue NE to the north, 118 Avenue NE to the south, Manning Drive to the east, and 66 Street NE to the west. The park accommodates a broad range of light and medium industrial users including trades contractors, warehouse operators, equipment suppliers, fleet maintenance operations, and oil and gas service companies that require northeast Edmonton proximity to Highway 28 and the Fort Saskatchewan industrial corridor.
McNamara Industrial benefits from its strategic position at the convergence of two major northeast Edmonton arterials — Manning Drive and 137 Avenue NE — which provide efficient truck routing to the Yellowhead Trail (Highway 16), the northeast Anthony Henday Drive interchange, and Highway 28 leading to Fort Saskatchewan, Sherwood Park, and northern Alberta. This connectivity makes the park particularly attractive for regional distribution and supply chain operations.
Key Commercial Corridors
Manning Drive NE forms the eastern boundary of the park and its primary access corridor, with truck ingress and egress concentrated at the 118 Avenue NE and 137 Avenue NE intersections. The internal park road network along 66 Street NE and connecting cross-streets provides efficient internal truck circulation for multi-tenant industrial buildings throughout the park.
137 Avenue NE at the northern boundary provides access to the Clareview and Hermitage industrial sub-markets, as well as to the larger Northeast Industrial and Abbottsfield areas. This connectivity creates synergy between McNamara Industrial and the broader northeast Edmonton industrial ecosystem, giving tenants access to a wide range of trucking, logistics, and industrial support services in close proximity.
Asset Classes
Warehouse Distribution
Dock-high facilities from 8,000–60,000 sf with 20–26 ft clear heights and cross-dock configuration potential along Manning Drive NE.
Light Manufacturing
IM-zoned bays from 4,000–15,000 sf suitable for fabrication, assembly, and value-added industrial processing with 3-phase power.
Flex Office-Warehouse
Multi-tenant flex units from 2,000–6,000 sf with grade-level loading and 15–20% office component for trades contractors and equipment dealers.
Industrial Land
IB-zoned development parcels with yard storage and heavy truck access for build-to-suit projects serving oil and gas, construction, and municipal clients.
Investment Drivers
McNamara Industrial benefits from sustained demand from Edmonton's oil and gas services sector, construction industry, and municipal infrastructure contractors who require northeast Edmonton staging areas with highway access to both the city's interior and the Fort Saskatchewan industrial corridor. Tenant retention rates in the park are strong, with many operators maintaining long-term leases reflecting the cost and difficulty of relocating specialized industrial operations.
Cap rates in McNamara Industrial have stabilized in the 6.0%–6.8% range, with multi-tenant flex buildings and single-tenant warehouse investments both attracting consistent buyer interest. Value-add opportunity exists in buildings where leases are at below-market renewal rates, with significant rent uplift achievable on lease expiry given the current constrained supply of northeast Edmonton industrial space.
Development Pipeline
IB-zoned parcels remaining within the McNamara Industrial footprint are under active development consideration, with several landowners in discussions with build-to-suit tenants for new warehouse construction. City of Edmonton infrastructure capacity studies for the 137 Avenue NE corridor are supporting incremental expansion of serviced industrial land in the northeast quadrant, and the Clareview LRT station provides ancillary amenity for industrial park employees commuting from the Edmonton Transit network.