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PALM SPRINGS, CA-Goble Family Limited Partnership has purchased Foremost North Village Center, an 89,719-sf industrial and retail project near the I-10 Freeway, for $4.8 million.

Goble bought the property from Foremost Airport Vegas Ltd., according to Voit Commercial Brokerage, which represented the seller. Voit’s Alan Pekarcik, Dan Vittone and Jack Faris represented the seller, while Steve Metzler of Industrial West represented the buyer.

Foremost North Village Center is at 19345-19365 N. Village Ave. in a high-traffic area in North Palm Springs. The sale included the three-building project, plus a little more than one acre of excess developable land that is currently being used for storage.

The sales price represented a cap rate of slightly more than 9%, the brokers said. The center is 97% leased to credit tenants including Harley Davidson, Napa Auto Parts, Orowheat and Popes Antiques, the largest antiques dealer in California.

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