"Generally people pop in after work, have a yak and exchange of ideas. It's held birthday parties and funerals."
Past-president of the club, John Kininmonth, said the club had been around for about 33 years as a place for support and camaraderie.
"It was really set up to provide a social forum for forestry and related industries."
The name Frestra came from the telegraphic address of the Forestry Research Institute and training centre at the time the club started, Dr Kininmonth said.
After Dr Kininmonth retired in 1991, he would still head down to the club on a Friday night to enjoy a couple of drinks and the social aspects.
"It was about the camaraderie and helping to provide a link right across the forestry sector."
Dr Kininmonth said it was a sad time, and he did not realise how much he would miss the building until they had word it would be pulled down.
Scion chief financial officer Rob Trass said the club had been meeting in a building which had been identified as unsafe for continued occupancy and not fit for purpose.
Mr Trass said significant parts of the building were derelict and it would be dismantled this month by a local building recycling firm. "As a good and reasonable employer and considering the use of public money, Scion does not regard it appropriate to support a licensed premises on the Te Papa Tipu Innovation Park."