Charlotte, NC — Collett Capital has acquired Terraces at Park Place, an 81,440-square-foot shopping center located at I-485 and Pineville- Matthews Road near Carolina Place Mall in Pineville, NC. Alex Quarrier, Rob Carter, David Webb and Rad von Werssowetz of Berkeley Capital Advisors arranged the transaction on behalf of the seller. Collett Capital plans to convert this former grocery-anchored shopping center into a medical plaza, with lead tenant Ortho Carolina anchoring the redevelopment.