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

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2021 Workiva-->
<!--r:3253358f-4276-4987-9123-408e94617784,g:ee88ffc8-6def-459e-8885-398f873d26b5-->
<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-20211202.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_33578513-6519-494e-a799-801808e464fc" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntitiesTable_c56fd994-240b-4a2c-b361-8ab5a4e5e02d" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntitiesTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_33578513-6519-494e-a799-801808e464fc" xlink:to="loc_dei_EntitiesTable_c56fd994-240b-4a2c-b361-8ab5a4e5e02d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_3e6b084d-72e0-4c0e-b056-d033cee1dbef" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_c56fd994-240b-4a2c-b361-8ab5a4e5e02d" xlink:to="loc_us-gaap_StatementClassOfStockAxis_3e6b084d-72e0-4c0e-b056-d033cee1dbef" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_c9661fd3-9c68-4848-809e-022155eba91f" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_3e6b084d-72e0-4c0e-b056-d033cee1dbef" xlink:to="loc_us-gaap_ClassOfStockDomain_c9661fd3-9c68-4848-809e-022155eba91f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CommonSharesOfBeneficialInterestMember_b87cd38d-4756-402e-9710-4affaed91994" xlink:href="frt-20211202.xsd#frt_CommonSharesOfBeneficialInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_c9661fd3-9c68-4848-809e-022155eba91f" xlink:to="loc_frt_CommonSharesOfBeneficialInterestMember_b87cd38d-4756-402e-9710-4affaed91994" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DepositorySharesMember_0c174219-7631-4f64-a16c-4d01e73df4fd" xlink:href="frt-20211202.xsd#frt_DepositorySharesMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_c9661fd3-9c68-4848-809e-022155eba91f" xlink:to="loc_frt_DepositorySharesMember_0c174219-7631-4f64-a16c-4d01e73df4fd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityInformationLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_c56fd994-240b-4a2c-b361-8ab5a4e5e02d" xlink:to="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_abe4f86c-9683-40e7-84a6-4827ca8b9d2f" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_EntityAddressAddressLine1_abe4f86c-9683-40e7-84a6-4827ca8b9d2f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_5edaa215-3c0f-4a64-aad7-72c1d43af682" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_EntityAddressCityOrTown_5edaa215-3c0f-4a64-aad7-72c1d43af682" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_713085ce-fd49-4b74-85c8-3b8781f18a3f" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_EntityAddressStateOrProvince_713085ce-fd49-4b74-85c8-3b8781f18a3f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_e2189559-3f64-4a15-922d-35ce157d5e13" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_EntityAddressPostalZipCode_e2189559-3f64-4a15-922d-35ce157d5e13" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_0279953a-9533-4181-a76d-c84e5200d524" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_EntityEmergingGrowthCompany_0279953a-9533-4181-a76d-c84e5200d524" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_381ccb4b-fe9d-439e-b957-6a41cfa9a4d9" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_381ccb4b-fe9d-439e-b957-6a41cfa9a4d9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_f9916bc4-39a9-45e4-8550-6e10139779e7" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_Security12bTitle_f9916bc4-39a9-45e4-8550-6e10139779e7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_4049dd27-2db1-4103-894f-282203dcba04" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_PreCommencementTenderOffer"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_PreCommencementTenderOffer_4049dd27-2db1-4103-894f-282203dcba04" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_006cc54b-61b3-43fd-8122-280010315b48" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SolicitingMaterial"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_SolicitingMaterial_006cc54b-61b3-43fd-8122-280010315b48" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_f00b49e8-ca31-44d8-aa9a-6d3f6218f2ef" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_WrittenCommunications"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_WrittenCommunications_f00b49e8-ca31-44d8-aa9a-6d3f6218f2ef" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_a2b8511d-95f5-441f-b118-2017d856c0ac" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_EntityIncorporationStateCountryCode_a2b8511d-95f5-441f-b118-2017d856c0ac" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_46baa7a0-fadf-41c8-b6e5-40d1e2e1c505" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentType"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_DocumentType_46baa7a0-fadf-41c8-b6e5-40d1e2e1c505" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_04592253-16ae-4262-9b14-a94b127ef5c3" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_EntityCentralIndexKey_04592253-16ae-4262-9b14-a94b127ef5c3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_9325371c-7e26-4d10-a2ac-2d1d40092d87" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_AmendmentFlag_9325371c-7e26-4d10-a2ac-2d1d40092d87" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_bd31a58a-225b-4521-a34f-403ac9bce79d" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_DocumentPeriodEndDate_bd31a58a-225b-4521-a34f-403ac9bce79d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_a44fbc0f-ec44-4de6-b1f7-75fc7097c5b1" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_EntityRegistrantName_a44fbc0f-ec44-4de6-b1f7-75fc7097c5b1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_6053a77e-45ce-4e1b-aeda-d0e41aa403db" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_EntityFileNumber_6053a77e-45ce-4e1b-aeda-d0e41aa403db" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_d8500d64-f649-4de9-b66a-cc860c3b5b6d" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_EntityTaxIdentificationNumber_d8500d64-f649-4de9-b66a-cc860c3b5b6d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_84bb3553-8a39-447e-8b81-bf46df09b81e" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_CityAreaCode_84bb3553-8a39-447e-8b81-bf46df09b81e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_d05d59b0-2522-4075-996d-5692eefb2ca1" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_LocalPhoneNumber_d05d59b0-2522-4075-996d-5692eefb2ca1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_e4e1d23c-d5d1-42d9-b248-d0c2f133ee86" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_TradingSymbol_e4e1d23c-d5d1-42d9-b248-d0c2f133ee86" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_3278a65c-becf-45e6-aa48-e07816c408a4" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_3c883724-79bb-4369-b7d5-60bacc5fecd5" xlink:to="loc_dei_SecurityExchangeName_3278a65c-becf-45e6-aa48-e07816c408a4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
