The new owner of the Western Supermarket-anchored Highland Plaza in Birmingham, commercial real estate firm Daniel Corp., says it has no current plans to redevelop the property.

"Daniel is a commercial real estate investment company and simply saw this property as a great investment," the company's marketing manager Burgoyne McClendon, said in an email. "We currently have no plans for the property."

Public records show 22nd Street Partners LLC, a Daniel Corp.-affiliated company, purchased Highland Plaza in January for $4.7 million. The same group also purchased a property behind Highland Plaza at 2174 11th Court S. for $520,000, public records show.

Highland Plaza at 2230 Highland Ave. near Red Mountain Parkway is currently home to popular restaurants Taj India and Hot and Hot Fish Club, a package store, nail salon and tattoo shop.

What might happen to the plaza after Daniel bought it has been a subject of speculation on social media.