Max Herzog

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    Frazer Capital has sold 41 Winter St., a roughly 29,000-square-foot, eight-story building anchored by Liberty Travel. The property is located in Boston's booming Downtown Crossing district.

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    The 29,500-square-foot asset further expands the company's presence in Colorado and will be directly linked to the one Zayo owns in downtown Denver at 1500 Champa St.

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    The REIT is in the process of acquiring a 936,000-square-foot Class A property in the Lehigh Valley, the distribution corridor to New York, Philadelphia and D.C.

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    The Federal Reserve's decision to raise interest rates was driven by its positive view of the U.S. labor market and overall economic growth, according to the Federal Open Market Committee's latest meeting report.

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