News Palisades Office Park Acquired by CDI

Jul 11, 2025
Palisades Office Park, 5901 Peachtree Dunwoody Road, Building D Exterior Image

FOR IMMEDIATE RELEASE
July 11, 2025

ATLANTA, GA —CDI Palisades, LLC, an Atlanta based real estate investment group, has acquired Palisades, a premier Class A office campus located at 5901/5909 Peachtree Dunwoody Road in the heart of Central Perimeter. The four-building property, formerly owned by Atlanta Property Group (APG), is a well-located, modern workplace designed for today’s forward-thinking companies.

Trinity Partners to Lead Leasing and Management

Trinity Partners has been retained to handle both leasing and property management on behalf of the new ownership.

“We’re thrilled about this acquisition — it’s not every day you find a best-in-class office complex in such a prime Atlanta location at a value like this,” said Ryan Wiedmayer on behalf of Zalik Investment Group. “We believe tenants are attracted to well-located assets — whether Class A or B — that offer a compelling value proposition. Palisades is exactly that. It’s the best-located, best-in-class combination of Class A and low-rise Class B office space in Atlanta’s Central Perimeter submarket, and it delivers incredible value to tenants.”

An Opportunity to Elevate a Proven Asset

Palisades has long benefited from exceptional behind-the-scenes operations, with a well-maintained physical plant and top-tier on-site management. Now, local ownership is building on that foundation to deliver a best-in-class tenant experience. With over 30,000 RSF of high-end spec suites underway and enhancements planned for on-campus amenities, Palisades is well-positioned to capitalize on the pent-up demand that prior ownership could not fully capture—supported by a management and leasing team focused on service, responsiveness, and execution.

Palisades’ strategic location offers direct access to both I-285 and GA-400, walkability to two MARTA stations, and proximity to top-tier retail, dining, and healthcare. With building-top signage opportunities, a range of move-in ready suites, and large, flexible floorplates, the campus is poised to capture the measurable uptick in leasing activity across Central Perimeter.

“We’ve been incredibly impressed with CDI right out of the gate,” said Austin Chase, Managing Partner at Trinity Partners. “They’re hands-on, well-capitalized, and bring a creative, decisive approach to every conversation. In just a short time, they’ve helped accelerate leasing activity — we’re on pace to close nearly 31,000 RSF in the first 30 days of ownership, with more deals lining up right behind it. The momentum at Palisades is real, and it’s only growing.”

Trinity’s Track Record of Strategic Execution

Trinity Partners brings proven experience in creating modern workplace environments and unlocking value through strategic leasing and property management. With deep market knowledge and a tailored, entrepreneurial approach, the firm is uniquely positioned to help CDI bring a fresh perspective to Palisades.

For more information about leasing opportunities, visit www.trinity-partners.com or contact:

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About Trinity Partners

Trinity Partners is a full-service commercial real estate firm serving corporate users and institutional owners throughout the United States, with service lines ranging from landlord representation and occupier services to property management and investment sales. They are known for their entrepreneurial spirit, best-in-class performance, and respected team of commercial real estate professionals, who are directly responsible for the company’s success and collaborative culture. The firm currently leases and/or manages over 40 million square feet of office, industrial, mixed-use, and retail space across the region through their five offices in Charlotte and Raleigh, North Carolina, Columbia and Greenville, South Carolina, and Atlanta, Georgia.