Bayer “explores” the sale of part of its Creve Coeur campus | Local company

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CREVE COEUR — Agribusiness giant Bayer is marketing some of its longtime production to mid-St. Louis County campus for sale as the company assesses how much office space it needs in light of 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 acquired Bayer in 2018, said it didn’t think it needed as much office space, with employees opting to work from home for a few days.

The pandemic has affected the operation of American businesses, as employees have shifted to working from home. Bayer is the latest major St. Louis-area company to commercialize its campus. Last year, shoe company Caleres put its Clayton headquarters on the market. Caleres has yet to find a buyer, according to the company’s latest quarterly report.

Bayer is seeking offers 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 will allow us to collaborate in different ways and ultimately require less physical office space than before,” Luke said in the statement.

The St. Louis area will remain the company’s global headquarters for Bayer’s agricultural science division.

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