Orion Office REIT Rebrands to Orion Properties Inc.

Orion Office REIT ( (ONL) ) has shared an update.

On March 5, 2025, Orion Office REIT Inc. announced a corporate name change to Orion Properties Inc. to better reflect its strategic shift towards dedicated use assets with an office component. The company reported its financial results for the fourth quarter and full year 2024, highlighting significant leasing activity and a strategic acquisition of a flex/laboratory/R&D facility. Despite a net loss for the year, Orion is focused on stabilizing its portfolio and achieving future earnings growth through asset sales, cost reductions, and a realigned dividend.

More about Orion Office REIT

Orion Properties Inc., formerly known as Orion Office REIT Inc., is a fully-integrated real estate investment trust (REIT) focused on owning, acquiring, and managing a diversified portfolio of single-tenant net lease office properties across the United States. The company is shifting its investment strategy to focus more on dedicated use assets with an office component, such as flex, laboratory, medical, and governmental properties.

YTD Price Performance: 8.11%

Average Trading Volume: 298,369

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $223.8M

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