JLL, Quiet Platforms Partner to Open Fulfillment Center Network
JLL and QuietPlatforms, a wholly owned subsidiary of American Eagle Outfitters Inc., have partnered to accelerate the opening of new forward-edge fulfillment centers across the U.S. in 2023 to serve retailers and brands in the Quiet Platforms supply chain network. Under the agreement, the two companies will pioneer a flexible rent-as-a-percentage-of-revenue model for logistics real estate.
“We’re excited to partner with Quiet Platforms and seek opportunities that deliver a flexible transaction structure,” said Kris Bjorson,international director, industrial brokerage, Americas, for Chicago-based JLL. “To support the company’s goal for a responsive, dynamic network, we’re uncovering creative solutions across corporate subleases, retail to industrial conversions and even speculative industrial developments.”
Quiet Platforms’ expansion of its edge fulfillment network with JLL will form a key part of Quiet Platforms’ nationwide network of facilities offering end-to-end, fully managed supply chain services for e-commerce and omnichannel retail brands.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
CRE courses for CE credits
Get CE course credits, centered around all things CRE. View our courses today!