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Libbie-Area Office Property Sells for $1.975M in Richmond

RICHMOND, VIRGINIA, May 18, 2026 – Cushman & Wakefield | Thalhimer is pleased to announce the sale of 411 Libbie Avenue in the City of Richmond, Virginia.

JJO Properties, LLC purchased the 3,824 square foot office building from Realty Exchange Corp for $1,975,000.

Reilly Marchant of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the purchaser.

For Further Information Contact:
Reilly Marchant
First Vice President
+1 804 697 3478
reilly.marchant@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 545 associates. Thalhimer represents, on behalf of its clients, a property portfolio of 56 million leasable square feet, management of more than 21 million square feet of commercial property, and nearly 13,000 multifamily units. In 2025, Thalhimer completed over 1,880 transactions with a transactional volume of more than $2.04 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.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In 2025, the firm reported revenue of $10.3 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 May 20, 2026