Launched by a team of leading real estate professionals, Houston-based NewQuest Properties was formed in July 2001. In a powerful merger, Steve Alvis of Quest Properties, Jay K. Sears of Sears Realty Company and Kyle Lippman of Nathan, Sommers, Lippman, Jacobs & Gorman established one of the fastest-growing retail development companies in the Southwest. In May 2003, Dean Lane, formerly Vice President of Boyd Page, joined NewQuest as development partner and Director of Retail Brokerage. Houston-based NewQuest Properties has a portfolio exceeding $1.1 billion in assets. Headquarters, on the Sam Houston Parkway in northwest Houston, serves more than 60 employees.