- Orion reported more than 900,000 square feet of leasing activity, with new leases averaging nearly 10 years of weighted average lease term.
- Portfolio repositioning continued with the sale of 10 properties for about USD 81 million, plus two additional vacant office property sales for over USD 13 million after year end.
- Dedicated-use assets represented about 36% of annualized base rent, with focus areas including medical office, R&D, flex/laboratory, flex/industrial, and governmental.
- An acquisition highlighted the strategy with the purchase of Barilla America’s headquarters and R&D facility for USD 15 million.
- A cooperation agreement with Kawa led to an ongoing strategic options review that includes potential mergers, acquisitions, or a sale of the company.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orion Properties Inc. published the original content used to generate this news brief on March 20, 2026, and is solely responsible for the information contained therein.