I figured this out for anyone interested.
1. Instant send (hold ⌘ + space or whatever you use to invoke LaunchBar).
2. Copy file (⌘ C).
3. Use left/right arrow keys to navigate up or down file directory.
4. Paste* file (⌘ V).
*When you paste, you will have options to move/copy/link the file.
I thought there would be a way to do this without copy/paste since I've already indicated to LaunchBar I want to do something with this file by (using Instant Send).
1. Instant send (hold ⌘ + space or whatever you use to invoke LaunchBar).
2. Copy file (⌘ C).
3. Use left/right arrow keys to navigate up or down file directory.
4. Paste* file (⌘ V).
*When you paste, you will have options to move/copy/link the file.
I thought there would be a way to do this without copy/paste since I've already indicated to LaunchBar I want to do something with this file by (using Instant Send).