---
schema_version: "secwatch.filing_event.v1"
accession: "0001873923-24-000094"
form_type: "8-K"
ticker: "ONL"
cik: "0001873923"
company_name: "Orion Properties Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:54:47.333243+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Orion Office REIT Q3 revenues $39.2M, Core FFO $0.21; narrows 2024 Core FFO guidance to $0.99-$1.01

## Summary
- Total revenues $39.2M (down from $49.1M in Q3 2023); net loss $(10.2)M or $(0.18) per share.
- Core FFO $12.0M ($0.21 per share) vs $24.1M ($0.43) in prior-year quarter.
- Leased 254k sq ft in Q3, 832k sq ft YTD; acquired 97k sq ft flex/lab facility in San Ramon, CA for $34.6M.
- Declared Q4 dividend $0.10 per share, payable Jan 15, 2025 to holders of record Dec 31, 2024.
- 2024 Core FFO per share guidance narrowed to $0.99-$1.01; G&A unchanged $19.5M-$20.5M; Net Debt/EBITDA 6.2x-6.6x.

## SEC filing metadata
- accession: 0001873923-24-000094
- form_type: 8-K
- ticker: ONL
- cik: 0001873923
- company_name: Orion Properties Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1873923/000187392324000094/0001873923-24-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1873923/000187392324000094/onl-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001873923-24-000094
- JSON: https://secwatch.observer/filing/0001873923-24-000094.json
- Plain text: https://secwatch.observer/filing/0001873923-24-000094.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.