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Stock impact report

Orion Office REIT Inc. Announces Second Quarter 2024 Results

Orion Office REIT Inc. (ONL) 
Company Research Source: Business Wire
- Completed 470,000 Square Feet of Leasing and an Additional 55,000 Square Feet Subsequent to Quarter End Bringing Total Leasing 2024 Year-to-Date to 633,000 Square Feet and Since Spin to 2.4 Million Square Feet -- Sold One Vacant Property Bringing Total Properties Sold Since the Spin to 18 and 1.9 Million Square Feet -- Repaid $9.0 Million in Debt Obligations Bringing Total Since Spin to $158.0 Million -- Declares Dividend of $0.10 Per Share for Second Quarter 2024 -- Narrows 2024 Guidance Range on Key Metrics - PHOENIX--(BUSINESS WIRE)--Orion Office REIT Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) focused on the ownership, acquisition and management of a diversified portfolio of single-tenant net lease office properties located across the U.S., announced today its operating results for the second quarter ended June 30, 2024.Paul McDowell, Orion’s Chief Executive Officer, commented, “We were pleased with our continued leasi Show less Read more
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