TH Real Estate and Greenlaw Partners have purchased an industrial building in Whittier for $21.3 million. Indio Products Inc. sold the 153,080-square-foot building at 12910 Mulberry Drive and will remain in part of the building until the company moves to Commerce, according to Jones Lang LaSalle Inc.’s Cameron Driscoll. Indio Products did not immediately return requests for comment.

JLL’s Driscoll, Luke McDaniel and Zac Sakowski represented the buyers. They will also handle leasing the building. Lee & Associates’ Tony Naples represented the seller.

The building is divided into two units. Indio Products was in one and leasing pieces of the other unit.

Driscoll said TH Real Estate and Greenlaw Partners were drawn to the opportunity because the price per square foot, $139, is lower than what other buildings in the area have been selling for.

The property has ample parking, 17 loading docks and seven ground-level doors. It also has a fenced lot around each unit, which Driscoll said makes it very desirable. Tenants, he said, want secured yards.