Orion Office REIT reports Q2 core FFO 20c vs 25c last year

Reports Q2 revenue $37.3M vs $40.124M last year. Paul McDowell, Orion’s Chief Executive Officer, commented, “We are effectively executing on our key priorities – leasing and non-core asset sales. Through early August, we have delivered 639,000 square feet of leasing this year while monetizing 23 properties totaling 2.4 million square feet since the spin. Our ongoing strategic shift toward dedicated use assets, or DUAs, is also progressing, offering enhanced defensive characteristics and tenant quality. While this transformation will take time, we remain fully committed to positioning Orion for long-term success and maximizing value for our shareholders.”