(To read more on the net lease market, click here.)

ST. LOUIS-In a move to consolidate several offices and a research lab, food ingredient innovator and manufacturing company the Solae Co. is relocating its global headquarters to a Center of Research Technology and Entrepreneurial Exchange, or Cortex, facility here. The firm will anchor the 246-acre midtown campus with a new multimillion-dollar research center near Boyle Avenue and Forest Park Parkway.

Cortex is a collaboration of major research institutions in the St. Louis area, backed by the region’s business and civic community. Anchor institutions include: Washington University in St. Louis, Saint Louis University, University of Missouri-St. Louis, Barnes-Jewish Hospital and the Missouri Botanical Garden. Those institutions have pledged $29 million during five years to develop research space to retain startup biotech companies and attract larger biotech companies to the city.

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