NewQuest Properties

Description

Launched by a team of leading real estate professionals, Houston-based NewQuest Properties was formed in July 2001. In a powerful merger, Steven Alvis and David Klein of Quest Properties, Jay 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. In October 2004, Rene Joubert, formerly Executive Vice President and Senior Managing Director of Northmarq Capital, joined the company as President and Chief Executive Officer.NewQuest has a portfolio that exceeds $450 million in assets, $40 million in annual revenue and five million square feet. A new headquarters on The Sam Houston Parkway in northwest Houston serves more than 50 employees. The company's current pipeline of projects will provide growth of approximately 1.5 million square feet (18-20 projects) during 2005.With over 100 properties, including more than 50 retail centers, NewQuest manages every aspect of retail center development from land acquisition, financing, design and development to leasing and management.

Companies nearby