Dallas, November 29, 2025
Wildcat Management has unveiled a prime corporate headquarters opportunity at the historic Purse Building in Downtown Dallas. This six-story landmark offers approximately 65,000 square feet of space, combining historical charm with modern amenities. Priced at around $12.5 million, the building is situated in an area experiencing significant growth with major redevelopment projects and offers multiple investment incentives for potential buyers, making it an attractive option for various businesses.
Dallas, Texas
Wildcat Management has announced an exciting corporate headquarters opportunity at the historic Purse Building located in Downtown Dallas’ Government District.
Property Details
The Purse Building, which dates back to 1905, stands as a six-story brick landmark at 601 Elm Street. It houses approximately 65,000 square feet, effortlessly merging historic charm with modern features and open floor plans. This unique property is on the market for around $12.5 million, targeting companies that desire daily brand visibility in the competitive North Texas landscape.
Strategic Location
Located on Elm Street, the Purse Building commands high visibility as traffic flows out of Downtown towards major highways, including Interstate 35E and Interstate 30. The surrounding area is experiencing significant growth with major ongoing projects, including the anticipated $3.7 billion redevelopment of the Kay Bailey Hutchison Convention Center Dallas and a substantial $500 million improvement initiative at Dallas College.
Investment Incentives
The Purse Building comes with a range of enticing investment incentives designed to enhance its appeal to potential buyers. These include:
- Federal Historic Tax Credit: 20% approved credits
- State Historic Tax Credit: 25% approved, transferable credits
- City of Dallas Property Tax Abatement: 10-year approved historic abatement, with potential relief of up to 100%
These incentives not only help in reducing project costs but also contribute to the preservation of the building’s historic significance.
Potential Uses
With its prime location and spacious layouts, the Purse Building is well-suited for various types of headquarters, including:
- Financial Services Firms
- Professional Services
- Technology Companies
- Family Offices
- Creative Agencies
The property offers convenient access to major highways, transit options, and Downtown’s rich array of amenities, enhancing its attractiveness for both employees and visitors.
About Wildcat Management
Wildcat Management is a Dallas-based firm dedicated to real estate development and investment. Led by Tanya Ragan, the company focuses on revitalizing urban spaces through innovative placemaking, sustainability efforts, and visionary design. Their notable projects include the revitalization of the Liberty Building and the Farmers Market neighborhood transformation.
Contact Information
For more information regarding the corporate headquarters opportunity at the Purse Building, interested parties can contact Monica Moreno at Wildcat Management.
FAQ
- What is the Purse Building?
- The Purse Building is a six-story brick landmark located at 601 Elm Street in Downtown Dallas’ Government District, offering approximately 65,000 square feet of space.
- What are the investment incentives for the Purse Building?
- The property is eligible for a 20% Federal Historic Tax Credit, a 25% State Historic Tax Credit, and a 10-year City of Dallas Property Tax Abatement, up to 100% relief.
- Who is Wildcat Management?
- Wildcat Management is a Dallas-based real estate development and investment firm led by Tanya Ragan, specializing in revitalizing urban communities through placemaking, sustainability, and visionary design.
| Feature | Details |
|---|---|
| Location | 601 Elm Street, Downtown Dallas’ Government District |
| Size | Approximately 65,000 square feet |
| Price | Approximately $12.5 million |
| Investment Incentives | 20% Federal Historic Tax Credit, 25% State Historic Tax Credit, 10-year City of Dallas Property Tax Abatement up to 100% relief |
| Potential Uses | Financial Services Firms, Professional Services, Technology Companies, Family Offices, Creative Agencies |
| Contact | Monica Moreno at Wildcat Management |
Deeper Dive: News & Info About This Topic
HERE Resources
Texas Financial Firms Expand Operations, Boosting Economy
Energy Company Acquires Landmark Building in McKinney
Elevate Windows & Doors Recognized Among Fastest-Growing Companies
Major Financial Firms Expand Operations in Texas
Tragic Death of Dallas Cowboys Player Raises Mental Health Concerns
Dallas Breaks Ground on Premier at Dallas Midtown Redevelopment Project
Keurig Dr Pepper Set to Report Third-Quarter Earnings
GAF Energy Moves Headquarters to Georgetown, Texas
Altareon Business Leads Effort to Democratize Wealth Management
Frisco: A Booming Hub for Corporate Campuses
Author: STAFF HERE DALLAS WRITER
The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
