Index: share/mk/bsd.subdir.mk
===================================================================
--- share/mk/bsd.subdir.mk	(revision 264744)
+++ share/mk/bsd.subdir.mk	(working copy)
@@ -45,7 +45,7 @@ distribute: .MAKE
 
 _SUBDIR: .USE .MAKE
 .if defined(SUBDIR) && !empty(SUBDIR) && !defined(NO_SUBDIR)
-	@${_+_}set -e; for entry in ${SUBDIR}; do \
+	@${_+_}set -e; for entry in ${SUBDIR:N.WAIT}; do \
 		if test -d ${.CURDIR}/$${entry}.${MACHINE_ARCH}; then \
 			${ECHODIR} "===> ${DIRPRFX}$${entry}.${MACHINE_ARCH} (${.TARGET:realinstall=install})"; \
 			edir=$${entry}.${MACHINE_ARCH}; \
@@ -60,7 +60,7 @@ _SUBDIR: .USE .MAKE
 	done
 .endif
 
-${SUBDIR}: .PHONY .MAKE
+${SUBDIR:N.WAIT}: .PHONY .MAKE
 	${_+_}@if test -d ${.TARGET}.${MACHINE_ARCH}; then \
 		cd ${.CURDIR}/${.TARGET}.${MACHINE_ARCH}; \
 	else \
@@ -68,12 +68,18 @@ _SUBDIR: .USE .MAKE
 	fi; \
 	${MAKE} all
 
+# Work around parsing of .if nested in .for by putting .WAIT string into a var.
+__wait= .WAIT
 .for __target in all all-man checkdpadd clean cleandepend cleandir \
     cleanilinks depend distribute lint maninstall manlint obj objlink \
     realinstall regress tags ${SUBDIR_TARGETS}
 .ifdef SUBDIR_PARALLEL
+__subdir_targets=
 .for __dir in ${SUBDIR}
-${__target}: ${__target}_subdir_${__dir}
+.if ${__wait} == ${__dir}
+__subdir_targets+= .WAIT
+.else
+__subdir_targets+= ${__target}_subdir_${__dir}
 ${__target}_subdir_${__dir}: .MAKE
 	@${_+_}set -e; \
 		if test -d ${.CURDIR}/${__dir}.${MACHINE_ARCH}; then \
@@ -87,7 +93,9 @@ ${__target}_subdir_${__dir}: .MAKE
 		fi; \
 		${MAKE} ${__target:realinstall=install} \
 		    DIRPRFX=${DIRPRFX}$$edir/
+.endif
 .endfor
+${__target}: ${__subdir_targets}
 .else
 ${__target}: _SUBDIR
 .endif
Index: lib/Makefile
===================================================================
--- lib/Makefile	(revision 264744)
+++ lib/Makefile	(working copy)
@@ -62,6 +62,7 @@ SUBDIR_ORDERED+=	libcom_err
 .endif
 
 SUBDIR=	${SUBDIR_ORDERED} \
+	.WAIT \
 	libalias \
 	libarchive \
 	${_libatm} \