---
schema_version: "secwatch.filing_event.v1"
accession: "0001873923-25-000076"
form_type: "8-K"
ticker: "ONL"
cik: "0001873923"
company_name: "Orion Properties Inc."
filed_at: "2025-04-11T23:59:59+00:00"
generated_at: "2026-05-23T16:26:02.678898+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Orion Properties reports 425k sq ft leased YTD, sells three vacant properties for $19.1M

## Summary
- Leased 425,000 sq ft YTD (new/renewal); weighted avg lease term 7.7 yrs. Includes 15.7-yr lease at Parsippany, NJ and 10-yr lease with Ingram Micro in Buffalo, NY.
- Closed sale of three vacant properties for $19.1M ($66/sq ft). Two additional properties under contract for $27.3M ($129/sq ft), closing later in 2025.
- Liquidity of ~$243.9M as of April 10, 2025, comprised of cash and revolver availability.
- Q1 2025 earnings release after market close May 7; webcast May 8 at 10:00 a.m. ET.

## SEC filing metadata
- accession: 0001873923-25-000076
- form_type: 8-K
- ticker: ONL
- cik: 0001873923
- company_name: Orion Properties Inc.
- filed_at: 2025-04-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1873923/000187392325000076/0001873923-25-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1873923/000187392325000076/onl-20250410.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001873923-25-000076
- JSON: https://secwatch.observer/filing/0001873923-25-000076.json
- Plain text: https://secwatch.observer/filing/0001873923-25-000076.txt

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