Related Fund, Greenfield Partners sell logistics operator for $350m
Real Estate - NOVEMBER 4, 2021

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Related Fund, Greenfield Partners sell logistics operator for $350m

by Andrea Zander

Related Fund Management (RFM) and Greenfield Partners has announced the $350 million sale of Quiet Logistics and strategic investments to retailer American Eagle Outfitters (AEO), which is one Quiet’s leading brands it serves. The buyer was not disclosed.

Under Greenfield and RFM’s leadership, the company built out a nationwide network of fulfillment centers, including adding five new facilities in Boston, Chicago, Los Angeles, Dallas and Jacksonville to its existing footprint in Boston and St. Louis. At the same time, enhancements to Quiet’s technology platform allowed brand partners to effectively distribute their inventory into multiple QuietCenters, improving speed and fulfillment and driving cost efficiencies for cheaper and faster delivery solutions to customers and stores.

The partnership with AEO and its supply chain strategies will accelerate fulfillment solutions for Quiet’s diverse portfolio of merchants.

“When we initially partnered with Gr

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