Biz News: Golden Road Brewing is headed to Surf City

Golden Road Brewing is coming to Huntington Beach.

The Los Angeles-based brewer and restaurant plans to open a location in the Peter’s Landing commercial center at 16390 Pacific Coast Hwy.

A precise opening date hasn’t been announced, though the 8,000-square-foot facility is expected to debut later this year.

Newport virtual reality firm lays off over 50 workers

NextVR, a Newport Beach virtual reality firm, recently laid off more than 50 employees, the Los Angeles Times reported.

The company, which has an agreement to show NBA games in virtual reality, is struggling with a pullback of investor funding and lack of consumer interest. NextVR had about 120 to 130 employees before the layoffs, The Times reported.

Chief Executive David Cole declined to disclose the number of layoffs but told The Times that “significantly less than half the company was impacted.”

Mariner’s Mile properties sell for $15.4 million

Three commercial buildings along Mariner’s Mile in Newport Beach have sold for $15.4 million, according to a news release.

The parcels are at 2523-2537 W. Coast Hwy.

The buyer was Manouch Moshayedi, who bought the properties from the Goodin family, operator of Charter Yachts Newport Beach.

Fitness company: No-shows will have their membership canceled

A Costa Mesa-based outdoor boot-camp fitness company has taken the unusual step of canceling memberships if members don’t show up for a full month.

In a recent letter to clients, Josh Phelan — owner of Out of Bounds Training, which was founded in 2011 — said the move is “not some motivational ploy to get you back into class.”

“We are doing it to protect the brand and also to ensure we are only working with those who are hungry to get better,” Phelan wrote. “Throughout my 10-plus years in the fitness industry, my favorite part is to help those who want to be helped. If you come with a great attitude and an eagerness to get better each day, then let’s get to work!”

Women’s success series coming to Newport

Starting Feb. 12, the Balboa Island Museum in Newport Beach will host a speaking series for women. It will feature influential businesswomen under the theme “The Rocky Road to Success.”

For more information, visit balboaislandmuseum.org/the-rocky-road-to-success.

Waterfront Beach Resort opens rooftop lounge

The Waterfront Beach Resort in Huntington Beach recently opened the Offshore 9 Rooftop Lounge.

The bar and restaurant with an ocean view is on the ninth floor of the resort’s Twin Dolphin Tower. It features TVs, fire pits, lounge seating and free valet parking for patrons.

H.B.’s Momeni Engineering is bought by St. Louis firm

Momeni Engineering LLC, a Huntington Beach-based manufacturing company, has been acquired by St. Louis-based Essex Industries, a supplier for the aerospace and defense industries, for an undisclosed sum.

Essex said Momeni will continue operating in Huntington Beach under its original name.

Momeni, at 15662 Commerce Lane, also supplies parts and assemblies for the aerospace industry.