<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2023 Workiva-->
<!--r:03f8b72a-a446-4701-a1ba-d429fd484a31,g:b44f18e1-efc5-4460-91b5-15055a8e8d89-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.federalrealty.com/role/CoverPage" xlink:type="simple" xlink:href="frt-20230208.xsd#CoverPage"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/CoverPage" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_5dfd8a7d-0699-4901-9c41-b0074dafac3a" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntitiesTable_4c9d6e24-45f3-4050-9503-ffc33e95f89f" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntitiesTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_5dfd8a7d-0699-4901-9c41-b0074dafac3a" xlink:to="loc_dei_EntitiesTable_4c9d6e24-45f3-4050-9503-ffc33e95f89f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_6eb1ea00-fc35-479a-b5d2-4516325412e7" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_4c9d6e24-45f3-4050-9503-ffc33e95f89f" xlink:to="loc_us-gaap_StatementClassOfStockAxis_6eb1ea00-fc35-479a-b5d2-4516325412e7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_dc196fd9-a077-47a9-a7cc-c50cbecbc28e" xlink:href="https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_6eb1ea00-fc35-479a-b5d2-4516325412e7" xlink:to="loc_us-gaap_ClassOfStockDomain_dc196fd9-a077-47a9-a7cc-c50cbecbc28e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CommonSharesOfBeneficialInterestMember_c361ae8b-8f18-49ad-af0b-ecc56e7e74a0" xlink:href="frt-20230208.xsd#frt_CommonSharesOfBeneficialInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_dc196fd9-a077-47a9-a7cc-c50cbecbc28e" xlink:to="loc_frt_CommonSharesOfBeneficialInterestMember_c361ae8b-8f18-49ad-af0b-ecc56e7e74a0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DepositorySharesMember_e365f725-3fa1-4472-8c94-c07f657c1fd7" xlink:href="frt-20230208.xsd#frt_DepositorySharesMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_dc196fd9-a077-47a9-a7cc-c50cbecbc28e" xlink:to="loc_frt_DepositorySharesMember_e365f725-3fa1-4472-8c94-c07f657c1fd7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LegalEntityAxis_77f98dc3-62c3-446e-b0f8-5d2d0d12b473" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LegalEntityAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_4c9d6e24-45f3-4050-9503-ffc33e95f89f" xlink:to="loc_dei_LegalEntityAxis_77f98dc3-62c3-446e-b0f8-5d2d0d12b473" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain_c7598dc5-1606-48f6-9074-5ff88c812bc1" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_LegalEntityAxis_77f98dc3-62c3-446e-b0f8-5d2d0d12b473" xlink:to="loc_dei_EntityDomain_c7598dc5-1606-48f6-9074-5ff88c812bc1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_FederalRealtyOPLPMember_63ff5c49-7449-4af5-8a1d-dbd035e3131c" xlink:href="frt-20230208.xsd#frt_FederalRealtyOPLPMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityDomain_c7598dc5-1606-48f6-9074-5ff88c812bc1" xlink:to="loc_frt_FederalRealtyOPLPMember_63ff5c49-7449-4af5-8a1d-dbd035e3131c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityInformationLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_4c9d6e24-45f3-4050-9503-ffc33e95f89f" xlink:to="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_ad112a55-a6ef-4d73-9a89-e6fa0be09d0c" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_DocumentType_ad112a55-a6ef-4d73-9a89-e6fa0be09d0c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_6dcd69ba-a258-4534-8dd8-a027a227fb90" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_DocumentPeriodEndDate_6dcd69ba-a258-4534-8dd8-a027a227fb90" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_480ff730-2b0d-4997-bcb1-430880b063e2" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_EntityIncorporationStateCountryCode_480ff730-2b0d-4997-bcb1-430880b063e2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_92c9649f-1cec-4bc5-9f36-841d8612085a" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_EntityRegistrantName_92c9649f-1cec-4bc5-9f36-841d8612085a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_6dc142ff-7ea9-451f-aa7f-febc672f951a" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_EntityFileNumber_6dc142ff-7ea9-451f-aa7f-febc672f951a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_fa9a36c8-949d-42a5-9548-ef56a6dceb47" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_EntityTaxIdentificationNumber_fa9a36c8-949d-42a5-9548-ef56a6dceb47" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_cd1fd04c-1256-420c-938b-7901401abd0e" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_EntityAddressAddressLine1_cd1fd04c-1256-420c-938b-7901401abd0e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_4b7fb4a9-7a7c-4362-a1b3-82478995412e" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_EntityAddressCityOrTown_4b7fb4a9-7a7c-4362-a1b3-82478995412e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_de11788f-28a9-4622-a5ff-3e008bbf051d" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_EntityAddressStateOrProvince_de11788f-28a9-4622-a5ff-3e008bbf051d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_0ecd5d2a-ae01-4ab8-a76f-2d3403390b8d" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_EntityAddressPostalZipCode_0ecd5d2a-ae01-4ab8-a76f-2d3403390b8d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_ef4d39d4-198b-4a80-92cc-c6d4d93261d5" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_CityAreaCode_ef4d39d4-198b-4a80-92cc-c6d4d93261d5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_cab2d98a-48af-4f63-862c-921f0889f4cd" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_LocalPhoneNumber_cab2d98a-48af-4f63-862c-921f0889f4cd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_d4a967d7-2bee-44b7-b8d5-91282b6e8a89" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_WrittenCommunications"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_WrittenCommunications_d4a967d7-2bee-44b7-b8d5-91282b6e8a89" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_b08bb8f0-f1a0-4d1f-b5bf-c1b8601e8400" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SolicitingMaterial"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_SolicitingMaterial_b08bb8f0-f1a0-4d1f-b5bf-c1b8601e8400" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_24ca2bbd-6ee6-49f0-b116-2cfa62c55ae0" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementTenderOffer"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_PreCommencementTenderOffer_24ca2bbd-6ee6-49f0-b116-2cfa62c55ae0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_70819605-e11e-4d23-925c-790cb06668b6" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_70819605-e11e-4d23-925c-790cb06668b6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_960d35c3-dc61-4938-b507-517e5e8ea03b" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_Security12bTitle_960d35c3-dc61-4938-b507-517e5e8ea03b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_b3eaa872-0e5d-4d76-ab57-e58edca7ce19" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_TradingSymbol_b3eaa872-0e5d-4d76-ab57-e58edca7ce19" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_13ac1328-33fd-4871-bb4c-4525f377171a" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_SecurityExchangeName_13ac1328-33fd-4871-bb4c-4525f377171a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_1757d5b2-c57f-4f3f-b9da-b95181d72b91" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_EntityEmergingGrowthCompany_1757d5b2-c57f-4f3f-b9da-b95181d72b91" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_efd6d1db-e8c8-4760-9d86-5a58ad5cae54" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_EntityCentralIndexKey_efd6d1db-e8c8-4760-9d86-5a58ad5cae54" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_4b985577-56c9-4c18-ac01-aac9033b47c1" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_96ebd605-cd4d-4d9d-b17c-35d0e5200ebb" xlink:to="loc_dei_AmendmentFlag_4b985577-56c9-4c18-ac01-aac9033b47c1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
