Rising Commodity and Materials Prices Drive Turner Building Cost Index to Slightly Increase for First Quarter

New York, N.Y. – March 28, 2011 – (RealEstateRama) — Turner Construction Company announced that the First Quarter 2011 Turner Building Cost Index has slightly increased over the Fourth Quarter of 2011. The Turner Building Cost Index measures costs in the non-residential building construction market in the United States. The Turner Building Cost Index of 806 reflects a 0.62% increase from the Fourth Quarter 2010 and 0.88% increase from the First Quarter 2010.