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BOSTON-IDX Systems Corp. has signed a lease renewal for 47,361 sf of first class office space at 116 Huntington Ave. The company, a developer of information technology solutions in the healthcare industry, has been the largest tenant since the 14-story building was constructed in 1991. Lease rates for this deal were not available, but the average asking rent for office space in the area is about $42 per sf. The deal is an important one in the Back Bay where vacancy rates are still about 12%, according to Grubb & Ellis’s most recent statistics.

Peter Farnum, Chuck O’Connor and Alison Cavanaugh-Leo of Trammell Crow Co. represented the property owner, New Boston Fund, in the transaction while Jack Kerrigan and Steve Cook of Grubb & Ellis represented IDX.

The 268,672 sf building is located near Back Bay’s South End, adjacent to Copley Place and across from the Shops at the Prudential Center. The deal means the building is nearly fully leased with about 24,000 sf available. Among its other office tenants are Hay Group, Sonesta International Hotels, Segal Advisors, Inc., American Tower, Brigham and Women’s Hospital, Daniel, Dennis & Company and IJ Fox.

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