NEW YORK CITY-Design plans for 505 Fifth Ave. were unveiled this week by LCOR Inc., owner and developer of the 275,000-sf building scheduled to open in 2003 just down the block from Grand Central Terminal.

FOUNTAIN VALLEY, CA-The district will build a maintenance facility on the 2.15-acre property. It will be used to service and store school buses and vehicles. The ground lease is valued at $2.2 million.

DANVERS, MA-Everest Partners LLC acquires the Northwoods Business Park here for $14.7 million from Cornerstone Real Estate Advisors. Both parties were represented by Robert E. Griffin, Jr., Richard F. Herlihy and Christopher T. Griffin, in their first transaction with Cushman & Wakefield's financial services group.