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This profile was last updated on 4/23/15  and contains information from public web pages and contributions from the ZoomInfo community.

Peter A. Talman

Wrong Peter A. Talman?

Managing Director

Jones Lang LaSalle Americas
Local Address: King of Prussia, Pennsylvania, United States
Jones Lang LaSalle Incorporated
200 East Randolph Drive
Chicago , Illinois 60601
United States

Company Description: Jones Lang LaSalle Incorporated (Jones Lang LaSalle) provide integrated real estate and investment management expertise on a local, regional and global level to...   more

Employment History

36 Total References
Web References
The hotel and a recently proposed ..., 20 Sept 2013 [cached]
The hotel and a recently proposed office complex on Saucon Valley Road across from Penn State Lehigh Valley are the first swells of what could soon become a wave of development in Center Valley, said Peter Talman, senior vice president with commercial real estate firm Jones Lang LaSalle.
Jones Lang LaSalle represents the owners of much of the property in and around Upper Saucon's Stabler Corporate Center, including Sierra, which owns the former Center Valley Club, and Lehigh University, which received a gift of 755 acres, some of it in the Stabler Corporate Center, last year from the Donald B. and Dorothy Stabler Foundation.
The hotel, likely the kind with suites, would include a pool and serve mostly business guests staying several days or longer, Talman said.
Talman concurred that there is "pent-up demand" for accommodations from existing Center Valley businesses.
"They ship a lot of their guests to hotels in other areas," he said.
Demand for top-tier office space has been gradually increasing over the last several years in the Lehigh Valley, Talman said, and as the economic recovery continues, the market will only get tighter, leading developers to propose adding new inventory.
"In terms of office space alone, the Lehigh Valley is tighter than it has ever been in its history in the category of office buildings I would deem trophy-class," Talman said.
Talman said the vacancy rate for "trophy" class offices in the Lehigh Valley stands at just 4 percent, while the rate for all class-A office space is 11 percent.
Full-Service Real Estate Company, 3 June 2008 [cached]
A subsidiary of American Home Products, Wyeth-Ayerst needed more space than the 1.4 million-square-foot Radnor campus could supply, and jumped at the chance to acquire the former Rhon Poulenc Rorer Pharmaceuticals Inc. facility in Collegeville, PA, according to Peter Talman, senior vice president & director of leasing for Rubenstein.
Rubenstein plans to ultimately sell the four-building research complex, which Wyeth will vacate by the end of 2001.Also on the campus, Rubenstein plans to turn six buildings currently connected by atriums and walkways into office space supported by mall-type amenities, restaurants and other services to support a new tenant base.Retail establishments in nearby upscale Wayne, PA, will be contacted to lease that space, Talman said.
Located along the Blue Route (I-476) in the prestigious Main Line market, the Wyeth portfolio is a few hundred yards from Rubenstein's 735,000-square-foot Radnor Corporate Center.Rents there are approaching $33.50 per foot, plus full utilities, according to Talman.In fact, the entire market is sizzling."Radnor rents are the highest in the Philadelphia suburbs and it is the perfect place for suburban tenants," he said.
Full-Service Real Estate Company, 1 Nov 1999 [cached]
"Now that we've opened an office in Northern Virginia, we'll be able to attract some local talent," said Peter Talman, director of leasing & president of The Rubenstein Brokerage Group Inc., the firm's leasing arm.
"We have been struggling with our growth, learning how to do business as a fast-growing firm," remarked Talman.
"We are successful as owners of first-class office space only if we can keep them full," said Talman.
The Rubenstein Brokerage Group works closely with both acquisition and development teams as well as property and portfolio managers to keep the properties leased to capacity."We are blessed partially because of our investment philosophy," remarked Talman."We look for projects for acquisition or development that have unique things about them that set them apart from the competition."
As an example, Talman pointed to a project in Philadelphia that had a natural advantage over similar projects because it is located near to the intersection of major highways.Radnor Corporate Center in Radnor, Pennsylvania also benefits from an "optimal location," according to Talman.He said that Radnor Corporate Center office space is commanding the same rents as other, newer product in Tysons Corner, Va. "The quality of our assets really helps us lease," he commented.
Going forward, Talman said he would like to capitalize on the fact that some clients have space in many Rubenstein Co.-owned buildings."Since we have common partnership (interests in multiple buildings), we can take a company in Atlanta and put them in a building we have in Virginia," he theorized.
Talman admitted The Rubenstein Co. does have a reputation for being tough in negotiating leases but pointed out that the firm also has a good reputation as property managers.
"We have been struggling with our growth, learning how to do business as a fast-growing firm," remarked Peter Talman, director of leasing and president of the Rubenstein Brokerage Group.
Peter Talman, executive vice ..., 22 Oct 2013 [cached]
Peter Talman, executive vice president with commercial real estate firm Jones Lang LaSalle, which represented both parties, said efforts will be made to develop the site within the parameters that have already been approved, which would accommodate about 700 to 750 workers.
B. Braun's Bethlehem headquarters, which was not designed to be office space, accommodates about 325 employees, he said. The company wanted to snap up the Stabler property, which it considered "the single most attractive site in the Lehigh Valley" before anyone else could purchase it, Talman said.
"The goal is to deliver a building that is not only aesthetically very pleasing for the Center Valley community but also state of the art in its function for B. Braun, its operations and its people," Talman said.
Growth prompts Andesa to move corporate headquarters | Andesa Services, 2 June 2013 [cached]
Andesa was represented during the lease transaction by Peter Talman, Senior Vice President of Jones Lang LaSalle in Philadelphia.
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