WASHINGTON, DC-The GSA has out a pre-solicitation notice looking to lease between 455,000 and 508,038 square feet in the Foggy Bottom submarket of the District with a move in date of July 2012.  It wants a minimum of 380,000-square feet in a single building in a lease term for up to 15 years at an average asking rate of $42.08 per square foot.

However, the DC real estate community is readying - happily - for more of these large sized transactions. The government has a huge pipeline of space needs that will be coming to market over the next few years. Some of these leases will be driven by new legislation passed, such as the health insurance reform bill and the financial overhaul, which alone stands to create hundreds of new regulations.

Some of these expected solicitations are still in the rumor phase, a source tells GlobeSt.com, others are about to be formally launched. Examples in both categories, this person says,, include  800,000 square feet divided between the Navy Museum and the Navy, 1.5 million square feet associated with the FBI, 750,000 square feet from FEMA and the GPO with 300,000 square feet t o 500,000 square feet.