Orion Properties Inc.
Close on Oct 19, 2026
- Market cap
- $113.89M
- P/E (TTM)
- –
- Dividend yield
- –
About Orion Properties
Real Estate Investment Trusts, SIC 6798
Orion Properties Inc. is an internally managed real estate investment trust that acquires, owns, and oversees commercial real estate. The company focuses primarily on single-tenant net lease office assets located in suburban markets. Its portfolio includes conventional office buildings alongside specialized properties tailored for governmental, medical office, laboratory, and flex or industrial uses. Orion leases its facilities to creditworthy commercial and public sector occupants, with primary exposure to tenants operating in government and public services, health care equipment and services, capital goods, and financial institutions.
The organization conducts business across the United States. Its real estate holdings comprise 58 operating properties spanning approximately 6.5 million leasable square feet across 26 states, in addition to several non-operating locations and an equity interest in a multi-property joint venture. The company's largest geographic concentrations by rental revenue are in Texas, New Jersey, and New York. The provided text does not identify the city or state of the company's headquarters.
Summary of the business section of Orion Properties's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Orion Properties Inc.
- Founded
- 2021
- Headquarters
- Phoenix, AZ
- Address
- 3200 E. Camelback Road, Suite 100 85018
- Phone
- (602) 698-1002
- Website
- onlreit.com
- Employees
- 37, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, San Diego, CA
Stock & identifiers
- Ticker
- ONL
- Exchange
- NYSE
- Shares outstanding
- 57M, Jul 31, 2026
- Public float
- $117.40M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company<br>Emerging growth company
- SEC CIK
- 1873923
- CUSIP
- 68629Y103
- ISIN
- US68629Y1038
- LEI
- 254900ZBXYX11W8ZL437
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Paul H. McDowell | See Remarks., Director | 744,147 |
| Gavin Brandon | See Remarks. | 343,618 |
| Revea Lynn Schmidt | See Remarks. | 174,270 |
| Christopher Haviland Day | See Remarks. | 269,199 |
| Paul C. Hughes | General Counsel & Secretary | 192,565 |
| Gary E. Landriau | EVP, Chief Investment Officer | 135,849 |
| Kathleen Allen | Director | 148,896 |
| Richard J. Lieb | Director | 141,099 |
| Reginald Harold Gilyard | Director | 270,881 |
| Gregory J. Whyte | Director | 139,896 |
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 37 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 7, 2025 | Name change | Name changed from Orion Office REIT Inc. to Orion Properties Inc. |
| Nov 15, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 4, 2021 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |