PHOENIX-Couche-Tard, owner of Circle K, is working toward a November closing with Shell Oil Products of Houston. The buyer will acquire 20 deeds and two leases in the takeover, which will transition the locations to Circle K stores with Shell pumps.

SCOTTSDALE, AZ-Work begins before the month ends on an expansion of the endoscopy unit in the 242-bed facility at 9003 E. Shea Blvd., owned by Scottsdale Healthcare. The project will take four months to complete.

PHOENIX-A Seattle investment group steps up for the fifth building in the Biltmore Lakes Corporate Center, bought a year ago for a piecemeal sale. The latest to go is a 22,776-sf structure with a 95% occupancy.

SCOTTSDALE, AZ-Tin Works plunks down $1.2 million for 8261 E. Gelding Dr., getting room to grow and a built-in tenant for about half of the office and light industrial space in the Scottsdale Airpark.

SCOTTSDALE, AZ-Oculus Development and Pickus Cos. from Chicago break into the metro Phoenix market with the $25.5-million purchase of the Signature at Scottsdale. The duo's now priming the development for a condo conversion.

TEMPE, AZ-The 24,452-sf Crossroads of Tempe goes under contract for $8.9 million in less than a week of marketing. New construction, 95% occupancy and a location at a busy corner drive a bidding war ending with a California retail buyer racing past the competition.

PHOENIX-The financial services giant will set up a 6,000-sf bank branch in the lobby of the former Bank of America Tower and light another 26,000 sf on floors 15 and 16 for the 200-employee team. Move-in is set for Q1 2005.

PHOENIX-Ribomed Biotechnologies is planning a February 2005 move into the 30,183-sf building at 714 W. Van Buren St., now being retooled with lab space. The new owner will occupy most of the space and lease 5,000 sf to 10,000 sf to another biotech firm.