"The market is far from soft," Ron Berger, a Trammell Crow vice president who specializes in the Miami-Dade County industrial market, tells GlobeSt.com. In a soft market, owners start. "The market is fairly stable, not what I would consider flat," the broker says. "Overall, we're not seeing as many deals as we would like, but then again we're also in the summer market--the slow time of the year."

Bulk industrial vacancies averaged about 9.15% for the six months ended June 30, with the rate averaging about 10.39% for service center space. Net absorption totaled about 1.3 million sf for bulk industrial space and 208,371 sf for service center.

Property owners apparently still maintain a slight edge in the market, according to the survey. Average gross asking rents ranged from $7.19 per sf for bulk to $12.58 for service center space. Land prices ranged from $51.02 per sf for bulk to $72.49 per sf for service center tracts.