By Sabela OjeaACQUIRER: Henry Boot PLC, the construction and property-development company. TARGET: An industrial site located in Welwyn Garden City, England, owned by energy-infrastructure company National Grid PLC. PRICE: 6.2 million pounds ($8.6 million). STATUS: ClosedRATIONALE: The acquisition of the site, which will be an industrial and warehouse area with a gross development value of around GBP20 million, will inject 70,000 square feet of industrial space into the market to meet established demand, Henry Boot said. HISTORY: Work at the site is expected to start on the site in the second quarter of 2022.

Source: Wall Street Journal July 05, 2021 08:25 UTC