Does your property need new tenant panels in Tempe, AZ, or surrounding areas? Are you debating whether the investment is worth it? We have compiled the top five reasons our clients have shared for upgrading their monuments or pylon signs with new panels.
Investing in New Tenant Panels for Monument Signs
Making the investment offers several benefits to property managers.
- Enhance tenant visibility. Upgrading tenant panels with modern and attractive designs enhances the visibility of the monument sign. A well-designed panel with clear and easy-to-read information catches the attention of passersby and potential customers. Boosting tenant visibility leads to better business opportunities for them.
- Improve aesthetics. New tenant panels give the entire property a fresh and updated look. Since more shopping centers and plazas are now undergoing modernizing upgrades, the panels are an integral aspect. Aesthetically pleasing monument signs create a positive impression of the property and attract more tenants and customers.
- Upgrade information displays. Modern tenant panels offer more space for information, allowing property managers to display additional details about the location’s businesses. Consider adding business names, logos, operating hours, contact information, etc.
- Encourage brand consistency. Upgrading tenant panels ensures consistency in branding across the property. When all tenant panels have a unified and professional design, it creates a sense of cohesion and organization for the venue. In this way, you not only assist with brand building for tenants but also your management company.
- Attract new tenants. An appealing monument sign with updated tenant panels attracts other businesses looking for prominent and well-maintained properties to establish their locations. Contemporary monument signs or pylon designs are a significant factor in a company’s decision to operate in a shopping plaza.
Keeping Current Tenants with Signage Improvements
Tenant satisfaction is critical for avoiding vacancies. When property managers invest in tenant panels and other signage upgrades, it shows that they care about the appearance and branding of the businesses at the location. It increases tenant satisfaction, and happy tenants are more likely to renew their leases.
Saving Money with Signage Improvements
Of course, it is not all about the tenants. New tenant panels in Tempe, AZ, also benefit the property manager. For starters, upgraded tenant panels may incorporate energy-efficient lighting options, such as LEDs, which can save on electricity costs in the long run. Our team will gladly undertake lighting conversions for signs still illuminated with standard – and more expensive – bulbs.
Besides that, if the existing tenant panels are outdated or damaged, investing in new ones ensures compliance with local regulations and safety standards. It can also prevent accidents caused by faulty or poorly maintained signage. Most importantly, a well-maintained property with modern amenities, including updated signage, contributes to an increase in the overall value of the plaza, making it a more attractive investment for potential buyers or investors.
Our team understands the importance of replacing tenant panels. If you are still working on designs for the new products, we can help! Contact us today to schedule a design consultation.