Atlanta Business News 5:54 p.m. Monday, January 3, 2011

Former Shannon Mall to be auctioned Tuesday

Union City mall owned by Lee Najjar, known as 'Big Poppa'

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The Atlanta Journal-Constitution

A mall that has changed names and has a 58-year-old Sears was scheduled for foreclosure on the Fulton County courthouse steps Tuesday, after having its power cut off late last year.

Union Station Mall, formerly Shannon Mall, in Union City, was down to only two anchor tenants after owner, Lee Najjar, lost control of the property: Sears and Macy’s.

The power was cut off in November after Najjar -- better known as Kim Zolciak's benefactor "Big Poppa" on "The Real Housewives of Atlanta" -- failed to make good on a tardy light bill.

The property went into receivership in February, according to the foreclosure notice published in the Fulton County Daily Report.

The notice says original debt on the mall totaled about $15.8 million.

The 764,000-square-foot mall changed names in 2006 during a redevelopment. It was originally built in 1980.

Sears owns the location and has announced no closures, said Kim Freely, a Sears spokeswoman.

“We’ll continue to operate as normal,” she said.

The foreclosure attorney and mall management did not return calls for comment on Monday.

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