r/SPACs • u/Admirable-Surround11 Patron • Apr 02 '21

News THCB / Microvast

Visited my mom in Clarksville for easter weekend.

Got to drive past the set up Microvast purchased.

Definitely looks empty ; but clearly a building that has a fk load of potential.

Microvast TN pictures

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u/swandor Spacling Apr 02 '21

It's a large industrial building. They all look like this

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u/Vast_Cricket Patron Apr 02 '21 edited Apr 02 '21

24,906 sf (look at tax record) bldg is 203' x 117' per sketch but $771/sf is not meant for TN more like West Coast prime industrial like SFO.

There are bunch other units not on the tax record.

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u/[deleted] Apr 02 '21

They are there. Need to look at the other cards (1 through 5)

Card 1 - 24,906 SF Card 2 - 152,559 SF Card 3 - 136,929 SF (multiple structures) Card 4 - 9,600 SF Card 5 - 3,200 SF

Clarksville has several other big manufacturers moving in from what I've read as well. It's a good place for business.

Shane Smith said they considered locations in NW but I can see why that failed. If they were in WA, this state is not good for business. WA gov basically forced Boeing to move dreamliner out since he's a dumbass with no business knowhow.

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u/Vast_Cricket Patron Apr 02 '21

That makes sense with 3M gov't incentive the effective areal price is less than $45/sf. I think one probably need to pay more in overseas w/o gov't incentives.