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Thalhimer’s Capital Markets Group Completes $2.2M Sale of One East Plume in Norfolk

NORFOLK, VIRGINIA, November 24, 2025 – Cushman & Wakefield | Thalhimer’s Capital Markets Group announces the sale of One East Plume in Norfolk, Virginia.

This historic building, constructed in 1905 on the corner of Granby and Plume Street, was originally a hotel and converted to an office building in the 1980’s. The building was recently converted to apartments using historic tax credits, preserving and restoring the historically significant brick exterior façade. The first floor has been occupied by a national retail tenant, Jimmy John’s, and the second and third floors have been converted to luxury apartments.

One East Plume Norfolk, LLC acquired the mixed-use property for $2,200,000. Clark Simpson of Thalhimer’s Capital Markets Group in Virginia Beach represented the purchaser.

For Further Information Contact:
Clark Simpson
Senior Vice President, Capital Markets Group
+1 757 213 4144
clark.simpson@thalhimer.com

About Cushman & Wakefield | Thalhimer
Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, Virginia. The company has nearly 100 broker professionals and employs approximately 530 associates. Thalhimer represents, on behalf of its clients, a property portfolio of 54 million leasable square feet, management of more than 28 million square feet of commercial property, and nearly 12,000 multifamily units. In 2024, Thalhimer completed over 1,800 transactions with a transactional volume of more than $1.96 billion. Thalhimer is the region’s leading provider of comprehensive commercial real estate services, including corporate services, investment sales, tenant representation, project management, asset management, and the sale and leasing of office, industrial and retail properties.

Thalhimer’s Capital Markets Group is the region’s leading investment sales team made up of professionals focused solely on capital markets and the sale of income producing properties throughout Virginia. The team is experienced in office, industrial, retail and multi-family dispositions and since 2012 has completed 424 transactions totaling over $6.2 billion and over 66 million square feet.
To learn more, visit www.thalhimer.com.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.
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Written on November 24, 2025