The Warner Fruehauf Trailer Co. Inc., in the midst of reorganization, has sold its Bush Street headquarters at auction.
The Berg Group, which owns a demolition company across Hamburg Street from the property, yesterday bought the 45,000-square-foot building and nearly four acres of land for $800,000.
Warner Fruehauf refused a separate bid of $140,000 for the equipment at the site, in hopes of realizing more money by selling off the items piece by piece.
A.J. Billig & Co. was the auction company.
Gerald W. Berg, head of the Berg Group, which includes his four sons, said the family is still devising plans for the property. The family has been looking at the site for a long time. Berg said his father tried to buy the building in 1937 for $9,000.
The 60-year-old building probably will be leased temporarily once Warner Fruehauf moves, he said.
Warner Fruehauf is an independently owned business that is a franchise for the Fruehauf Corp. of Detroit. The local company sells and services Fruehauf trailers.
Warner Fruehauf Trailer Co. Inc. filed for bankruptcy in November 1989.
Robert F. Lindsey, executive vice president, said the company is finding subcontractors to take over its service operations.
The work force at the company has been reduced from 84 to 28, but Lindsey said all of the former employees have found jobs. Many will be working with the subcontractors, he said.
The company plans to continue to rent trailers and sell new and used ones. The new headquarters will be at 1800 Ridgely St., Lindsey said.
"We think we can serve our customers better and reduce our debt," he said.