Bobby Palta is a Vice President with CBRE, adding over 14 years of market knowledge and experience to the Orlando office. In that time, he has executed over $100 million in volume via more than 100 sales and lease transactions throughout Florida, focusing on a handful of niches within retail brokerage.
In his site selection and tenant representation practice, Mr. Palta procures high revenue locations while negotiating favorable terms for dozens of national and regional retail concepts. In his retail leasing practice he merchandises shopping centers for optimal tenant mix while minimizing risk and maximizing value for owners. He also concentrates on building, outparcel and raw land dispositions as well as pre-development or revitalization of mixed use retail properties.
Prior to his brokerage career at CBRE, Mr. Palta held roles in research, analytics, mapping / GIS, corporate training and publications editing for Colliers International, a development investment fund as well as his own market analytics consulting firm.
In 2012, he was appointed to the CBRE Retail Advisory Council and was selected as chairperson of the Technology committee. The RAC is a group of hand-picked retail brokers worldwide collaborating with senior management to guide the direction of CBRE Retail services. Always looking to employ the latest technologies, he combines old-school tenacity with new-school innovation to deliver results for his clients.
Mr. Palta is quoted regularly and writes articles for such publications as Retail Traffic, Southeast Real Estate Business, GlobeSt, Florida Real Estate Journal, Orlando Business Journal and the Orlando Sentinel. He also speaks at industry conferences such as the Crittenden Real Estate Finance Conference and ICSC events.
- Orlando Business Journal – Best Real Estate Deals of 2008: Developed Retail & Hospitality Category – Plaza Cinema Cafe – Downtown Orlando
- CCIM Institute, Florida Chapter – Leading Scholarship Award – 2003
- National CCIM Institute – CDEP Scholarship – 2003
- ULI Urban Plan II Facilitator – Olympia High School; Windermere, FL