The golf resort, part of the sprawling Pegasus Town development near Woodend, was shuttered this week after a planned $90m sale fell through.
Commercial property owners and operators are licking their proverbial lips at the opportunity for increasingly tapping into the market.
It's a case of ‘boom or bust' for Hawke's Bay's commercial, retail, and industrial property markets at present, according to a new real estate research report.
The move into Hamilton comes as Barfoot & Thompson eyes expansion.