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IRVINE, CA-Irvine’s Park Place Office Campus has landed another tenant, as Samsung Electro Mechanics has signed a 78-month lease valued at nearly $3 million for office and R&D space here.

The affiliate of technology giant Samsung Electronics Co. Ltd. is the newest tenant at the Park Place complex, which once served as the headquarters of engineering conglomerate Fluor Corp. The office campus consists of two buildings that are located at 3345 and 3351 Michelson Dr. Their reflective glass exterior is a familiar sight to commuters on the San Diego (405) Freeway who pass by the Jamboree Road exit.

Samsung will occupy 18,956 sf at the 3345 Michelson Dr. facility. The four-story building encompasses a total of 163,308 sf. Dating back to 1978, the facility was renovated in 1987.

Samsung Electro Mechanics was represented by Dave Desper of CB Richard Ellis’ Newport Beach office. Janine Padia of Winthrop Management acted on behalf of the landlord, Jamboree LLC.

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