REAL ESTATE DECISION SUPPORT

TeleTech, an operator of telephone call centers, bought the former headquarters of Tele-Communications, Inc. in the Meridian Business Park on Lincoln Avenue in northern Douglas County. The purchase price for the 275,000 square foot building was reportedly about $31.5 million. TeleTech had planned to occupy a 133,000 square foot building under construction on Dry Creek Road at I-25 but decided to acquire the former TCI building from AT&T Broadband in order to accommodate future growth. The company currently leases about 95,000 square feet in the Wells Fargo Center in downtown Denver.