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CAMBRIDGE, MA-NaviMedix is taking 43,400 sf of office space at 8 Cambridge Center. The company, which develops online solutions that connect physician offices and hospitals with their healthcare partners, is relocating from 99 Bedford St. in Boston. Lease rates for this deal were not available, but average asking rents for office space in Cambridge are about $32 per sf. Sublease deals, which are usually for shorter term, tend to offer tenants even better rates.

Mike Brown, principal and Will Foley, vice president of Trammell Crow Co. represented NaviMedix in the transaction while Ted Wheatley and Timothy Weinhold of The Staubach Co. represented Novell, which subleased the space. Novell is the sole tenant in the nine-story, 177,000-sf building which is owned by Boston Properties. The company has its executive headquarters in Waltham, MA and its corporate headquarters in Provo, UT.

The sublease deal is for a six-year term and is indicative of the kind of deals tenants are getting in this market. According to Trammell Crow Co.’s most recent statistics sublease space continues to be a driving force behind the high vacancies in the area. As of this past April, direct vacancies in Cambridge were at 16.5%, but when sublease space is factored in, that figure jumps to 24.7%.

8 Cambridge Center is a nine-story office building that is part of the 2.7 million sf Cambridge Center complex. The complex is comprised of mixed-use development containing offices, retail restaurants and hotel facilities.

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