Orion Office REIT Inc. (ONL) Reports Q4 Loss of $0.59, Beats on Revenue

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Go back to Orion Office REIT Inc. (ONL) Reports Q4 Loss of $0.59, Beats on Revenue

Orion Office REIT Inc. (ONL) Changes Name to Orion Properties, Reports Q4

March 5, 2025 4:16 PM EST

Orion Office REIT Inc. (NYSE: ONL) announced today a change in its corporate name to Orion Properties Inc., to better describe its broader investment strategy to shift its portfolio concentration over time away from traditional office properties, towards more dedicated use assets that have an office component. The Companys ticker symbol will remain ONL. Consistent with the foregoing strategy, during September 2024, Orion acquired an approximately 97,000 square foot flex/laboratory/R&D facility in San Ramon, California for $34.6 million. As of December 31, 2024, approximately 31.8% of the Companys Annualized Base Rent was derived from properties it... More