To be able to find \$Z_b\$ that includes the translator output resistance \$r_o\$.
We need to find the voltage at the \$V_e\$ node in the first place.
Because I'm going to use the test voltage method to find \$Z_b\$
$$ Z_b = \frac{V_{test}}{I_{test}} = \frac{V_{test}}{\frac{V_{test} - V_e}{r_{\pi}}}$$
The circuit looks like this:
simulate this circuit – Schematic created using CircuitLab
I will use brutal force -> nodal analysis. And the math software will do the math part for me.
We have two nodes. Thus, the first equation:
$$\frac{V_e}{R_E} +\frac{V_e + V_{test}}{r_{\pi}} +\frac{V_e - V_o}{r_o} - \beta \times\frac{V_{test} - V_e}{r_{\pi}} = 0 $$
And the second node equation:
$$\frac{V_o}{R_C} + \frac{V_o - V_e}{r_o} + \beta \times\frac{V_{test} - V_e}{r_{\pi}} = 0 $$
And after we solve this
$$V_e = V_{test} *\frac{R_E (R_C +\left(\beta +1) r_o \right)}{r_o r_{\pi} + R_C (R_E + r_{\pi}) + R_E ( r_{\pi} +(\beta +1) r_o)}$$
$$V_o = V_{test} \times\frac{R_C\: R_E - R_C\: r_o \beta}{r_o\: r_{\pi} + R_C(R_E + r_{\pi}) + R_E ((\beta +1)r_o + r_{\pi})} $$
We plug the \$V_e\$ into \$Z_b\$ and solve it.
$$Z_b = \frac{(R_C + R_E + r_o)r_{\pi} + R_C R_E + R_E \:r_o + R_E\: r_o \:\beta}{R_C + R_E + r_o}\tag{Equation 1}$$
And now we can simplify it further but we have to do it manually because the software cannot give as a answer in a "human wanted form".
$$ = \frac{(R_C + R_E + r_o)r_{\pi} + R_C R_E + R_E \:r_o + R_E\: r_o \:\beta}{R_C + R_E + r_o} = r_{\pi} + \frac{R_C R_E + R_E \:r_o + R_E\: r_o \:\beta}{R_C + R_E + r_o} $$
$$= r_{\pi} + \frac{\frac{R_C R_E}{r_o} + R_E + R_E\:\beta}{\frac{R_C + R_E}{r_o} + 1}$$
$$= r_{\pi} + \frac{\frac{R_C R_E}{r_o} + R_E\:(\beta + 1)}{\frac{R_C + R_E}{r_o} + 1}$$
$$= r_{\pi} + \frac{R_E \left(\frac{R_C}{r_o}+(\beta + 1)\right)}{\frac{R_C + R_E}{r_o} + 1}$$
And this is the end. Also, notice that this method does not give us any circuit intuition.
To gain some intuition we could try to apply the Miller theorem (a very strong simplification).
And view the \$r_ o\$ as a resistor with the smaller resistance \$\frac{r_ o}{A_V}\$ connect in parallel with the \$R_E\$ resistor.
simulate this circuit
And now we can clearly see why \$Z_b\$ decreases in value when we include \$r_o\$.
Equation 1 can be formed into:
$$Z_{b}=r_{\pi}+\frac{R_{E}\left(R_{C}+r_{o}\right)}{\left(R_{C}+R_{E}+r_{o}\right)}+\frac{R_{E}r_{o}\beta}{\left(R_{C}+R_{E}+r_{o}\right)}$$
which reveals a circuit intuition of three resistances in series:
$$Z_{b}=r_\pi+R_E//(r_o+R_C)+R_\beta$$
where
$$R_\beta=\frac{R_{E}r_{o}\beta}{\left(R_{C}+R_{E}+r_{o}\right)}=R_\beta'\beta$$
The first two terms are easily found by removing the dependent current source (\$\beta = 0\$) in the OP's original diagram.
The resistance modulated by \$\beta\$ is almost \$R_E//r_o\$ but with the denominator increased by \$R_C\$, Not quite so intuitive but acceptable.
\$R_\beta'\$ can be further analyzed but may not add to intuition but is interesting none the less:
$$R_{\beta}^{'}=\frac{R_{E}r_{o}}{R_{C}}//R_{E}//r_{o}$$