Demand for warehouse, flex and manufacturing buildings remained low in Greater Boston’s industrial market in the second quarter, according to a new report.

Richards Barry Joyce & Partners’ report, indSTATus – Summer 2010, found there have been some large increases in available space, which shows users plan to consolidate their space. The report also said asking lease prices remain at historical lows for all industrial property types.

"The first half of 2010 has been fairly stagnant in Greater Boston’s industrial market," said Brendan Carroll, vice president of research, RBJ&P. "There are certainly positives to take from these results, as the numbers are not trending downwards. However, the mixed indicators make for difficulties in predicting future results."

In the warehouse market, vacancy was down by 0.5 percent to 17.4 percent, after hitting a 14-quarter high in the first quarter. There was 306,000 square feet of positive absorption, and the asking lease rates went up minimally, by $0.03 to $5.52.

The flex market maintained vacancy of 18.8 percent during the quarter, with slight negative absorption of 30,000 square feet. Asking lease rates, which closed the quarter down $0.20 to $8.11, have fallen three straight quarters and are at the lowest levels in 15 years.

Absorption in the manufacturing market was at negative 50,000 square feet during the quarter, raising vacancy 0.5 percent to 17.1 percent. Absorption has been negative five of the past seven quarters in the manufacturing market, though all but one quarter of negative absorption has been minimal. Asking lease rates have fallen eight consecutive quarters and are at their lowest levels since 2004. For the quarter, asking lease rates were down $0.09 to $6.45.