Orion Properties Inc. Stock Analysis ONL

Orion Properties, Inc. acts as a real estate investment trust. The company is headquartered in Phoenix, Arizona and currently employs 37 full-time employees. The company went IPO on 2021-11-01. The firm is engaged in the ownership, acquisition, and management of a diversified portfolio of office buildings located in suburban markets across the United States and leased primarily on a single tenant net lease basis. The firm's portfolio comprises traditional office buildings, as well as governmental office, medical office, office/laboratory, medical office, flex/laboratory and R&D and flex/industrial properties. The company owns and operates 58 operating properties with an aggregate of 6.5 million leasable square feet located in 26 states. Its portfolio also consists of six unconsolidated joint venture properties diversified by tenant, geography, and industry. The firm's tenants operate in a range of industries, including financial services, health care, government services and telecommunications.