ST. CHARLES, MO. — Marcus & Millichap has arranged the sale of a 28,272-square-foot retail property located at 2350-2430 S. Highway 94 in St. Charles. The Hemsath Business Center currently houses mostly professional tenants, including Gateway Power Communication, J&T Processing and Farmer’s Insurance. An undisclosed developer has purchased the property from a private investor for $1.65 million. Andrew Medler and John Magner in the St. Louis office of Marcus & Millichap represented the seller in the transaction. The buyer was also secured and represented by Marcus & Millichap’s St. Louis office.