Commercial ObserverMay 13, 2026
VTEX takes a full floor in Midtown
VTEX signed for a 5,672 SF full floor for its New York team. Matthew DeRose, Bill Janetschek and Nick Hein represented VTEX.
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Brokerage · Construction
Flagship · Grand Central → Midtown
A flagship headquarters, then a refreshed Midtown office.
Nomad has moved VTEX twice in New York. We secured and built its first flagship near Grand Central, then negotiated a landlord-funded refresh and early exit for its next Midtown office.
$400K+improvement allowance
5 monthsdemo to move-in
2exterior brand flags
Project snapshot
Grand Central → MidtownNeighborhoods
Brokerage + ConstructionNomad services
At a glance
- Requirement
- Near Grand Central · Street-level brand visibility · Custom layout · Long-term scalability
- Challenge
- A custom flagship with its own street presence.
- What Nomad did
- Brokerage Negotiated for presence, not just space.Ownership access A direct line to ownership.Construction Demolished and rebuilt in five months.
- Outcome
- A finished flagship in five months, with two branded flags on the street.
- Services
- Brokerage · Construction
Chapter 01
The first move
The challenge
A custom flagship with its own street presence.
Most available spaces felt generic. VTEX needed brand visibility, a custom layout and room to scale.
What they needed
- 01Near Grand Central
- 02Street-level brand visibility
- 03Custom layout
- 04Long-term scalability
How Nomad solved it
What each part of Nomad did.
- BrokerageFind it
- Ownership accessDirect to ownership
- ConstructionBuild it
Brokerage
Negotiated for presence, not just space.
We negotiated a $400K+ improvement allowance and exterior flag rights, giving VTEX street-level visibility near Grand Central.
Ownership access
A direct line to ownership.
The first headquarters was in a building Nomad manages, giving the transaction a direct line to ownership.
Construction
Demolished and rebuilt in five months.
We managed the full demolition and a custom build around a modular floorplan in VTEX’s signature pink.
The decision
Why this one.
8,500 SF near Grand Central, fully demolished and rebuilt around a modular floorplan in VTEX’s signature pink.
The result
$400K+Improvement allowance
5 monthsDemo to move-in
A finished flagship in five months, with two branded flags on the street.
“We’ve worked with Nomad Group on both of our New York City offices. They found our first space, then led the search, proposal and negotiation for our current office in Midtown. They were responsive, on top of every detail, and made a complex process easy for our team.”
Daniela Jurado, North America President, VTEXChapter 02
A refreshed Midtown office, with landlord-funded upgrades.
VTEX, a longtime Nomad client, signed a new Midtown office with the landlord funding a full refresh of offices, conference rooms, restrooms and pantry. Nomad also coordinated an early exit from its previous lease.
The challenge
VTEX needed a new New York office within a reduced budget, with the build-out finished before its current lease ended. Decision-makers sat in New York and São Paulo.
What Nomad did
We toured Midtown options and delivered economic projections and a side-by-side of three counteroffers. We negotiated an early surrender of the old lease, timed to the new move, pushed for landlord-funded improvements instead of taking a space as-is, and coordinated with both teams through signing.
The negotiation
Ownership approved all the requested landlord work: private offices, conference rooms, restrooms, pantry and finishes. Free rent after construction, with rent below the client’s target budget, and a firm delivery date backed by day-for-day rent abatement if the landlord ran late.
The result
VTEX signed in April 2026 and moved into its refreshed Midtown office in June 2026.
In the press
The Nomad team
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