Bayer ‘explores’ sale of Creve Coeur campus | local business

CREVE COEUR – Agribusiness giant Bayer is commercializing part of its long-running Mid-St. Louis County campus for sale as company weighs how much office space it needs amid the coronavirus pandemic.

Bayer occupies several buildings on the west and east sides of Lindbergh Boulevard in Creve Coeur, just south of Olive Boulevard. The company, known as Monsanto before it was acquired by Bayer in 2018, said it doesn’t think it will need as much office space as employees will be working from home some days.

The pandemic has impacted the way Corporate America operates as employees have transitioned to working from home. Bayer is the latest major company in the St. Louis area to put its campus up for sale. Last year, footwear company Caleres launched its Clayton headquarters. According to the company’s latest quarterly report, Caleres has yet to find a buyer.

Bayer is seeking bids for its buildings west of Lindbergh. Its east side property — as well as its research facility in Chesterfield — are not included, spokeswoman Susan Luke said in a statement.

“We envision a future that allows us to work together in different ways and ultimately requires less physical office space than before,” Luke said in the statement.

The St. Louis area remains the company’s global headquarters for Bayer’s crop science division.

Updated: February 25, 2022 — 6:23 pm

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