Downtown office tower steps from Inner Harbor to head to auction

A high-profile downtown office tower whose lien holder is an entity of MCB Real Estate is headed to auction in foreclosure on Thursday. The 10-story 1 E. Pratt St. building across from Harborplace will be sold “as is” on the steps of the Clarence M. Mitchell III Courthouse on Jan. 25 at 2 p.m. Bidders are required to pay a $1 million deposit, according to an online auction flyer by Atlantic Auctions Inc., a Baltimore auctioneer handling the sale for two substitute trustees.