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    <link:label id="lab_frt_AtMarketEquityProgramMember_C40723270DC6C52A7B7E78F3C5AC7657_terseLabel_en-US" xlink:label="lab_frt_AtMarketEquityProgramMember_C40723270DC6C52A7B7E78F3C5AC7657" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">At The Market Equity Program</link:label>
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    <link:label id="lab_frt_OtherOfferingCostsMember_F39374052D722410B73478F3C5ADF0E5_terseLabel_en-US" xlink:label="lab_frt_OtherOfferingCostsMember_F39374052D722410B73478F3C5ADF0E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other offering costs</link:label>
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    <link:label id="lab_us-gaap_PreferredStockDividendRatePercentage_52A3C3B0186D93A81B0F78F3C5AD3D60_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePercentage_52A3C3B0186D93A81B0F78F3C5AD3D60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred shares, percentage</link:label>
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    <link:label id="lab_us-gaap_PreferredStockLiquidationPreference_63A2E505585415048A0078F3C5ADB849_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockLiquidationPreference_63A2E505585415048A0078F3C5ADB849" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred shares, liquidation preference</link:label>
    <link:label id="lab_us-gaap_PreferredStockLiquidationPreference_63A2E505585415048A0078F3C5ADB849_label_en-US" xlink:label="lab_us-gaap_PreferredStockLiquidationPreference_63A2E505585415048A0078F3C5ADB849" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Liquidation Preference Per Share</link:label>
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    <link:label id="lab_us-gaap_StatementOfCashFlowsAbstract_CB362989C6D9388DC13970BA30D8D35D_label_en-US" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract_CB362989C6D9388DC13970BA30D8D35D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
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    <link:label id="lab_us-gaap_ProfitLoss_6B18604CCCE316DD392570BA30D8C46B_label_en-US" xlink:label="lab_us-gaap_ProfitLoss_6B18604CCCE316DD392570BA30D8C46B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
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    <link:label id="lab_frt_AdjustmentDepreciationAndAmortization_A957BD6F1796CB59551270BA30D88584_terseLabel_en-US" xlink:label="lab_frt_AdjustmentDepreciationAndAmortization_A957BD6F1796CB59551270BA30D88584" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
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    <link:label id="lab_frt_Gainlossonchangeincontrolofinterestsandsaleofrealestate_3B5B02283F9CD6B92E0670BA30D8D283_negatedLabel_en-US" xlink:label="lab_frt_Gainlossonchangeincontrolofinterestsandsaleofrealestate_3B5B02283F9CD6B92E0670BA30D8D283" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of real estate and change in control of interests, net</link:label>
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    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_60AFD7C5164FF0C5108B70BA30D89101_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_60AFD7C5164FF0C5108B70BA30D89101" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Loss (income) from real estate partnerships</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_EE38084D8D0EAC5D84D170BA30D85E92" xlink:type="locator" />
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    <link:label id="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_0B36D7FCF23E676008FE70BA30D87704_terseLabel_en-US" xlink:label="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_0B36D7FCF23E676008FE70BA30D87704" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) in security deposits and other liabilities</link:label>
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    <link:label id="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_0B36D7FCF23E676008FE70BA30D87704_documentation_en-US" xlink:label="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_0B36D7FCF23E676008FE70BA30D87704" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The net change in Security Deposits And Other Liabilities which includes security deposits, deferred revenue and prepaid rent. Also includes liabilities not individually reported in the financial statements, or not separately disclosed in notes.</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_E49B65AC8CDA873C546670BA30D86A2A_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_E49B65AC8CDA873C546670BA30D86A2A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by operating activities</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_24F5386AB85C4904F17D70BA30D8DD20_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_24F5386AB85C4904F17D70BA30D8DD20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INVESTING ACTIVITIES</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_24F5386AB85C4904F17D70BA30D8DD20" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquireRealEstate_F68184F28B5E151EEA5E70BA30D81982_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireRealEstate_F68184F28B5E151EEA5E70BA30D81982" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of real estate</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireRealEstate_F68184F28B5E151EEA5E70BA30D81982_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireRealEstate_F68184F28B5E151EEA5E70BA30D81982" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Real Estate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireRealEstate" xlink:label="loc_us-gaap_PaymentsToAcquireRealEstate_F68184F28B5E151EEA5E70BA30D81982" xlink:type="locator" />
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    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_8EBE9CDD753C2407663770BA30D8E0CE_negatedLabel_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_8EBE9CDD753C2407663770BA30D8E0CE" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures - development and redevelopment</link:label>
    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_8EBE9CDD753C2407663770BA30D8E0CE_label_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_8EBE9CDD753C2407663770BA30D8E0CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Expenditures Development Redevelopment</link:label>
    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_8EBE9CDD753C2407663770BA30D8E0CE_documentation_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_8EBE9CDD753C2407663770BA30D8E0CE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments to develop or redevelop real estate assets is the process of adding improvements on or to a parcel of land. Such improvements may include drainage, utilities, subdividing, access, buildings, and any combination of these elements. In addition, the cash outflow from construction costs to date on capital projects that have not been completed and assets being constructed that are not ready to be placed into service.</link:label>
    <link:loc xlink:href="frt-20170930.xsd#frt_CapitalExpendituresDevelopmentRedevelopment" xlink:label="loc_frt_CapitalExpendituresDevelopmentRedevelopment_8EBE9CDD753C2407663770BA30D8E0CE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsForCapitalImprovements_15233E3410D38C9D901570BA30D8EBD0_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForCapitalImprovements_15233E3410D38C9D901570BA30D8EBD0" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures - other</link:label>
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    <link:label id="lab_frt_Proceedsfromthesaleofrealestateandrealestatepartnershipinterests_80CE5198FDAD16E40E4E70BA33C58C54_terseLabel_en-US" xlink:label="lab_frt_Proceedsfromthesaleofrealestateandrealestatepartnershipinterests_80CE5198FDAD16E40E4E70BA33C58C54" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of real estate and real estate partnership interests</link:label>
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    <link:label id="lab_frt_RiverpointCenterMember_9716E6FE45EAD3D942CB792CCCEB8375_terseLabel_en-US" xlink:label="lab_frt_RiverpointCenterMember_9716E6FE45EAD3D942CB792CCCEB8375" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Riverpoint Center</link:label>
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    <link:loc xlink:href="frt-20170930.xsd#frt_RiverpointCenterMember" xlink:label="loc_frt_RiverpointCenterMember_9716E6FE45EAD3D942CB792CCCEB8375" xlink:type="locator" />
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    <link:label id="lab_frt_A170017304thStreetMember_7EAAB4CA715DB7DB4516792CCCEC4BA2_terseLabel_en-US" xlink:label="lab_frt_A170017304thStreetMember_7EAAB4CA715DB7DB4516792CCCEC4BA2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mixed-use property located in Berkeley, California</link:label>
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    <link:loc xlink:href="frt-20170930.xsd#frt_AzaleaMember" xlink:label="loc_frt_AzaleaMember_477D98DD4B06CB6FA3B1792CCCEC8E5B" xlink:type="locator" />
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    <link:loc xlink:href="frt-20170930.xsd#frt_BellGardensCentersMember" xlink:label="loc_frt_BellGardensCentersMember_61F568FC551CB0CCFEAA792CCCEC9DC2" xlink:type="locator" />
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    <link:label id="lab_frt_OlivoatMissionHillsMember_22218CB19B354B26C891792CCCECECF0_terseLabel_en-US" xlink:label="lab_frt_OlivoatMissionHillsMember_22218CB19B354B26C891792CCCECECF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Olivo at Mission Hills</link:label>
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    <link:label id="lab_frt_OlivoatMissionHillsMember_22218CB19B354B26C891792CCCECECF0_documentation_en-US" xlink:label="lab_frt_OlivoatMissionHillsMember_22218CB19B354B26C891792CCCECECF0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Olivo at Mission Hills [Member]</link:label>
    <link:loc xlink:href="frt-20170930.xsd#frt_OlivoatMissionHillsMember" xlink:label="loc_frt_OlivoatMissionHillsMember_22218CB19B354B26C891792CCCECECF0" xlink:type="locator" />
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    <link:label id="lab_frt_PlazaDelSolMember_73EDE4F8169A2163F8CE792CCCEC9199_terseLabel_en-US" xlink:label="lab_frt_PlazaDelSolMember_73EDE4F8169A2163F8CE792CCCEC9199" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plaza Del Sol</link:label>
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    <link:label id="lab_frt_PlazaDelSolMember_73EDE4F8169A2163F8CE792CCCEC9199_documentation_en-US" xlink:label="lab_frt_PlazaDelSolMember_73EDE4F8169A2163F8CE792CCCEC9199" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Plaza Del Sol [Member]</link:label>
    <link:loc xlink:href="frt-20170930.xsd#frt_PlazaDelSolMember" xlink:label="loc_frt_PlazaDelSolMember_73EDE4F8169A2163F8CE792CCCEC9199" xlink:type="locator" />
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    <link:label id="lab_frt_PlazaPacoimaMember_5C5C454C9FA05C9243EB792CCCECFFAC_terseLabel_en-US" xlink:label="lab_frt_PlazaPacoimaMember_5C5C454C9FA05C9243EB792CCCECFFAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plaza Pacoima</link:label>
    <link:label id="lab_frt_PlazaPacoimaMember_5C5C454C9FA05C9243EB792CCCECFFAC_label_en-US" xlink:label="lab_frt_PlazaPacoimaMember_5C5C454C9FA05C9243EB792CCCECFFAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plaza Pacoima [Member]</link:label>
    <link:label id="lab_frt_PlazaPacoimaMember_5C5C454C9FA05C9243EB792CCCECFFAC_documentation_en-US" xlink:label="lab_frt_PlazaPacoimaMember_5C5C454C9FA05C9243EB792CCCECFFAC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Plaza Pacoima [Member]</link:label>
    <link:loc xlink:href="frt-20170930.xsd#frt_PlazaPacoimaMember" xlink:label="loc_frt_PlazaPacoimaMember_5C5C454C9FA05C9243EB792CCCECFFAC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_PlazaPacoimaMember_5C5C454C9FA05C9243EB792CCCECFFAC" xlink:to="lab_frt_PlazaPacoimaMember_5C5C454C9FA05C9243EB792CCCECFFAC" xlink:type="arc" />
    <link:label id="lab_frt_SylmarTowneCenterMember_AF89457745746309AC7C792CCCF18FF0_terseLabel_en-US" xlink:label="lab_frt_SylmarTowneCenterMember_AF89457745746309AC7C792CCCF18FF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sylmar Towne Center</link:label>
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    <link:loc xlink:href="frt-20170930.xsd#frt_SylmarTowneCenterMember" xlink:label="loc_frt_SylmarTowneCenterMember_AF89457745746309AC7C792CCCF18FF0" xlink:type="locator" />
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    <link:label id="lab_frt_A150PostStreetMember_44698A9EE94CCE26E12B792CCCF1F996_terseLabel_en-US" xlink:label="lab_frt_A150PostStreetMember_44698A9EE94CCE26E12B792CCCF1F996" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">150 Post Street</link:label>
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    <link:loc xlink:href="frt-20170930.xsd#frt_A150PostStreetMember" xlink:label="loc_frt_A150PostStreetMember_44698A9EE94CCE26E12B792CCCF1F996" xlink:type="locator" />
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    <link:label id="lab_frt_NorthLakeCommonsMember_1B79109C8395EE105B4A792CCCF25842_terseLabel_en-US" xlink:label="lab_frt_NorthLakeCommonsMember_1B79109C8395EE105B4A792CCCF25842" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">North Lake Commons</link:label>
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    <link:loc xlink:href="frt-20170930.xsd#frt_NorthLakeCommonsMember" xlink:label="loc_frt_NorthLakeCommonsMember_1B79109C8395EE105B4A792CCCF25842" xlink:type="locator" />
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    <link:label id="lab_frt_FRITPrimestorJVMember_8BF77012CD9A1126F4D6792CCCF3FC06_terseLabel_en-US" xlink:label="lab_frt_FRITPrimestorJVMember_8BF77012CD9A1126F4D6792CCCF3FC06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FRIT/Primestor JV</link:label>
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    <link:label id="lab_frt_NumberOfMembersWithPurchaseOptions_62D6E923EF8C62A29071792CCCF928DC_terseLabel_en-US" xlink:label="lab_frt_NumberOfMembersWithPurchaseOptions_62D6E923EF8C62A29071792CCCF928DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of ground lessees</link:label>
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    <link:label id="lab_us-gaap_SalesOfRealEstate_9F57B3531CCB0437C5F7792CCCFAEA1D_terseLabel_en-US" xlink:label="lab_us-gaap_SalesOfRealEstate_9F57B3531CCB0437C5F7792CCCFAEA1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale</link:label>
    <link:label id="lab_us-gaap_SalesOfRealEstate_9F57B3531CCB0437C5F7792CCCFAEA1D_label_en-US" xlink:label="lab_us-gaap_SalesOfRealEstate_9F57B3531CCB0437C5F7792CCCFAEA1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sales of Real Estate</link:label>
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    <link:label id="lab_us-gaap_GainLossOnSaleOfProperties_32AFA4E18AB741A15801792CCCFAB384_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfProperties_32AFA4E18AB741A15801792CCCFAB384" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Sale of Properties</link:label>
    <link:label id="lab_us-gaap_GainLossOnSaleOfProperties_32AFA4E18AB741A15801792CCCFAB384_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfProperties_32AFA4E18AB741A15801792CCCFAB384" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Sale of Properties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSaleOfProperties" xlink:label="loc_us-gaap_GainLossOnSaleOfProperties_32AFA4E18AB741A15801792CCCFAB384" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes" xlink:label="loc_us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes_631E1D4AC7BDFE6FD526792CCCFAF5E1" xlink:type="locator" />
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    <link:label id="lab_frt_Realestateacquisitiongrossvalue_466F6950B54B72E2ECC5792CCCFA78AB_terseLabel_en-US" xlink:label="lab_frt_Realestateacquisitiongrossvalue_466F6950B54B72E2ECC5792CCCFA78AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross value</link:label>
    <link:label id="lab_frt_Realestateacquisitiongrossvalue_466F6950B54B72E2ECC5792CCCFA78AB_label_en-US" xlink:label="lab_frt_Realestateacquisitiongrossvalue_466F6950B54B72E2ECC5792CCCFA78AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real estate acquisition, gross value</link:label>
    <link:label id="lab_frt_Realestateacquisitiongrossvalue_466F6950B54B72E2ECC5792CCCFA78AB_documentation_en-US" xlink:label="lab_frt_Realestateacquisitiongrossvalue_466F6950B54B72E2ECC5792CCCFA78AB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real estate acquisition, gross value</link:label>
    <link:loc xlink:href="frt-20170930.xsd#frt_Realestateacquisitiongrossvalue" xlink:label="loc_frt_Realestateacquisitiongrossvalue_466F6950B54B72E2ECC5792CCCFA78AB" xlink:type="locator" />
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    <link:label id="lab_us-gaap_VariableInterestEntityOwnershipPercentage_5703C5ED0C7BCE457880792CCCFAFDCB_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityOwnershipPercentage_5703C5ED0C7BCE457880792CCCFAFDCB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership interest</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityOwnershipPercentage_5703C5ED0C7BCE457880792CCCFAFDCB_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityOwnershipPercentage_5703C5ED0C7BCE457880792CCCFAFDCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityOwnershipPercentage" xlink:label="loc_us-gaap_VariableInterestEntityOwnershipPercentage_5703C5ED0C7BCE457880792CCCFAFDCB" xlink:type="locator" />
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    <link:label id="lab_us-gaap_GainLossOnSaleOfPropertiesApplicableIncomeTaxes_56D751A0F1B1D477AD14792CCCFAAB1B_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfPropertiesApplicableIncomeTaxes_56D751A0F1B1D477AD14792CCCFAAB1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Taxes related to the sale of condominiums</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSaleOfPropertiesApplicableIncomeTaxes" xlink:label="loc_us-gaap_GainLossOnSaleOfPropertiesApplicableIncomeTaxes_56D751A0F1B1D477AD14792CCCFAAB1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfPropertiesApplicableIncomeTaxes_56D751A0F1B1D477AD14792CCCFAAB1B" xlink:to="lab_us-gaap_GainLossOnSaleOfPropertiesApplicableIncomeTaxes_56D751A0F1B1D477AD14792CCCFAAB1B" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncontrollingInterestInVariableInterestEntity_C9FE279DB4D0772379B1792CCCFA7FD5_terseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestInVariableInterestEntity_C9FE279DB4D0772379B1792CCCFA7FD5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contributions from noncontrolling interests</link:label>
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    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_ED09FD8231D4F63F738A792CCCFA280E_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_ED09FD8231D4F63F738A792CCCFA280E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Investments</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_ED09FD8231D4F63F738A792CCCFA280E_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_ED09FD8231D4F63F738A792CCCFA280E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Ownership Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_ED09FD8231D4F63F738A792CCCFA280E" xlink:type="locator" />
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    <link:label id="lab_frt_Purchasepriceofequitymethodinvestment_638246B1DB5433E241B6792CCCFA068B_terseLabel_en-US" xlink:label="lab_frt_Purchasepriceofequitymethodinvestment_638246B1DB5433E241B6792CCCFA068B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase price of equity method investment</link:label>
    <link:label id="lab_frt_Purchasepriceofequitymethodinvestment_638246B1DB5433E241B6792CCCFA068B_label_en-US" xlink:label="lab_frt_Purchasepriceofequitymethodinvestment_638246B1DB5433E241B6792CCCFA068B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase price of equity method investment</link:label>
    <link:label id="lab_frt_Purchasepriceofequitymethodinvestment_638246B1DB5433E241B6792CCCFA068B_documentation_en-US" xlink:label="lab_frt_Purchasepriceofequitymethodinvestment_638246B1DB5433E241B6792CCCFA068B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchase price of equity method investment</link:label>
    <link:loc xlink:href="frt-20170930.xsd#frt_Purchasepriceofequitymethodinvestment" xlink:label="loc_frt_Purchasepriceofequitymethodinvestment_638246B1DB5433E241B6792CCCFA068B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccountsReceivableGross_5704431B68E048A9EFB0792CCD005A71_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableGross_5704431B68E048A9EFB0792CCD005A71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivable recognized on the sale of condominiums</link:label>
    <link:label id="lab_us-gaap_AccountsReceivableGross_5704431B68E048A9EFB0792CCD005A71_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableGross_5704431B68E048A9EFB0792CCD005A71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Receivable, Gross</link:label>
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    <link:label id="lab_frt_MortgageLoanonUnconsolidatedRealEstateProperty_E8DCFC8776BA84F9AF6B792CCD00FE52_terseLabel_en-US" xlink:label="lab_frt_MortgageLoanonUnconsolidatedRealEstateProperty_E8DCFC8776BA84F9AF6B792CCD00FE52" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Debt</link:label>
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    <link:label id="lab_frt_Ourshareofunconsolidatedmortgagedebt_E450DE7F9A874FCC9E8C792CCD0045AE_documentation_en-US" xlink:label="lab_frt_Ourshareofunconsolidatedmortgagedebt_E450DE7F9A874FCC9E8C792CCD0045AE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Our share of unconsolidated mortgage debt</link:label>
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    <link:label id="lab_us-gaap_PreferredStockSharesAuthorized_45EC639713DFCCDE27236FDC6EA3FD0C_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_45EC639713DFCCDE27236FDC6EA3FD0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Shares Authorized</link:label>
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    <link:label id="lab_frt_OtherRentalIncome_8B0F5BFBF3208796058980BA52B592E6_documentation_en-US" xlink:label="lab_frt_OtherRentalIncome_EF26E4F2245A5906A4849C8D961EF603" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents other rental revenue earned during the period.</link:label>
    <link:loc xlink:href="frt-20170930.xsd#frt_OtherRentalIncome" xlink:label="loc_frt_OtherRentalIncome_EF26E4F2245A5906A4849C8D961EF603" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_OtherRentalIncome_EF26E4F2245A5906A4849C8D961EF603" xlink:to="lab_frt_OtherRentalIncome_EF26E4F2245A5906A4849C8D961EF603" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_64F00276F7281CEA1D3A80BA52B58072_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_E0573622EA8D5B4A98065E6C84598224" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total rental income</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_64F00276F7281CEA1D3A80BA52B58072_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_E0573622EA8D5B4A98065E6C84598224" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Income Statement, Lease Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementLeaseRevenue" xlink:label="loc_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_E0573622EA8D5B4A98065E6C84598224" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_E0573622EA8D5B4A98065E6C84598224" xlink:to="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_E0573622EA8D5B4A98065E6C84598224" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementAbstract_C1E9C0053732A3D464B773DB1EAAE43C_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_C1E9C0053732A3D464B773DB1EAAE43C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_C1E9C0053732A3D464B773DB1EAAE43C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_C1E9C0053732A3D464B773DB1EAAE43C" xlink:to="lab_us-gaap_IncomeStatementAbstract_C1E9C0053732A3D464B773DB1EAAE43C" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenuesAbstract_AAC3C4E8C07034A7332973DB1EAA59BF_terseLabel_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_AAC3C4E8C07034A7332973DB1EAA59BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">REVENUE</link:label>
    <link:label id="lab_us-gaap_RevenuesAbstract_AAC3C4E8C07034A7332973DB1EAA59BF_label_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_AAC3C4E8C07034A7332973DB1EAA59BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaap_RevenuesAbstract_AAC3C4E8C07034A7332973DB1EAA59BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenuesAbstract_AAC3C4E8C07034A7332973DB1EAA59BF" xlink:to="lab_us-gaap_RevenuesAbstract_AAC3C4E8C07034A7332973DB1EAA59BF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_361093963955E8A0EF2373DB1EAA33A8_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_361093963955E8A0EF2373DB1EAA33A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementLeaseRevenue" xlink:label="loc_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_361093963955E8A0EF2373DB1EAA33A8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_361093963955E8A0EF2373DB1EAA33A8" xlink:to="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_361093963955E8A0EF2373DB1EAA33A8" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherRealEstateRevenue_E5A749687B8DA3731A9873DB1EAB90C9_terseLabel_en-US" xlink:label="lab_us-gaap_OtherRealEstateRevenue_E5A749687B8DA3731A9873DB1EAB90C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other property income</link:label>
    <link:label id="lab_us-gaap_OtherRealEstateRevenue_E5A749687B8DA3731A9873DB1EAB90C9_label_en-US" xlink:label="lab_us-gaap_OtherRealEstateRevenue_E5A749687B8DA3731A9873DB1EAB90C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Real Estate Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherRealEstateRevenue" xlink:label="loc_us-gaap_OtherRealEstateRevenue_E5A749687B8DA3731A9873DB1EAB90C9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherRealEstateRevenue_E5A749687B8DA3731A9873DB1EAB90C9" xlink:to="lab_us-gaap_OtherRealEstateRevenue_E5A749687B8DA3731A9873DB1EAB90C9" xlink:type="arc" />
    <link:label id="lab_frt_RevenueMortgageInterest_64F57A41E23D3F71671473DB1EABBBBE_terseLabel_en-US" xlink:label="lab_frt_RevenueMortgageInterest_64F57A41E23D3F71671473DB1EABBBBE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage interest income</link:label>
    <link:label id="lab_frt_RevenueMortgageInterest_64F57A41E23D3F71671473DB1EABBBBE_label_en-US" xlink:label="lab_frt_RevenueMortgageInterest_64F57A41E23D3F71671473DB1EABBBBE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Mortgage Interest</link:label>
    <link:label id="lab_frt_RevenueMortgageInterest_64F57A41E23D3F71671473DB1EABBBBE_documentation_en-US" xlink:label="lab_frt_RevenueMortgageInterest_64F57A41E23D3F71671473DB1EABBBBE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest income earned from mortgage notes receivable.</link:label>
    <link:loc xlink:href="frt-20170930.xsd#frt_RevenueMortgageInterest" xlink:label="loc_frt_RevenueMortgageInterest_64F57A41E23D3F71671473DB1EABBBBE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_RevenueMortgageInterest_64F57A41E23D3F71671473DB1EABBBBE" xlink:to="lab_frt_RevenueMortgageInterest_64F57A41E23D3F71671473DB1EABBBBE" xlink:type="arc" />
    <link:label id="lab_us-gaap_Revenues_23996C9466F6F836BBA373DB1EABFEE7_totalLabel_en-US" xlink:label="lab_us-gaap_Revenues_23996C9466F6F836BBA373DB1EABFEE7" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total revenue</link:label>
    <link:label id="lab_us-gaap_Revenues_23996C9466F6F836BBA373DB1EABFEE7_label_en-US" xlink:label="lab_us-gaap_Revenues_23996C9466F6F836BBA373DB1EABFEE7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_23996C9466F6F836BBA373DB1EABFEE7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Revenues_23996C9466F6F836BBA373DB1EABFEE7" xlink:to="lab_us-gaap_Revenues_23996C9466F6F836BBA373DB1EABFEE7" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_62A7DC885CCE2B11402673DB1EABFF46_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_62A7DC885CCE2B11402673DB1EABFF46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EXPENSES</link:label>
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_62A7DC885CCE2B11402673DB1EABFF46_label_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_62A7DC885CCE2B11402673DB1EABFF46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaap_OperatingExpensesAbstract_62A7DC885CCE2B11402673DB1EABFF46" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpensesAbstract_62A7DC885CCE2B11402673DB1EABFF46" xlink:to="lab_us-gaap_OperatingExpensesAbstract_62A7DC885CCE2B11402673DB1EABFF46" xlink:type="arc" />
    <link:label id="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_CCA5ADAC85C56D2DCAA473DB1EABBDBE_terseLabel_en-US" xlink:label="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_CCA5ADAC85C56D2DCAA473DB1EABBDBE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental expenses</link:label>
    <link:label id="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_CCA5ADAC85C56D2DCAA473DB1EABBDBE_label_en-US" xlink:label="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_CCA5ADAC85C56D2DCAA473DB1EABBDBE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Direct Costs of Leased and Rented Property or Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment" xlink:label="loc_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_CCA5ADAC85C56D2DCAA473DB1EABBDBE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_CCA5ADAC85C56D2DCAA473DB1EABBDBE" xlink:to="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_CCA5ADAC85C56D2DCAA473DB1EABBDBE" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateTaxExpense_D9F799CD4927C789847A73DB1EAB4A2E_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateTaxExpense_D9F799CD4927C789847A73DB1EAB4A2E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real estate taxes</link:label>
    <link:label id="lab_us-gaap_RealEstateTaxExpense_D9F799CD4927C789847A73DB1EAB4A2E_label_en-US" xlink:label="lab_us-gaap_RealEstateTaxExpense_D9F799CD4927C789847A73DB1EAB4A2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Tax Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateTaxExpense" xlink:label="loc_us-gaap_RealEstateTaxExpense_D9F799CD4927C789847A73DB1EAB4A2E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateTaxExpense_D9F799CD4927C789847A73DB1EAB4A2E" xlink:to="lab_us-gaap_RealEstateTaxExpense_D9F799CD4927C789847A73DB1EAB4A2E" xlink:type="arc" />
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_DF62B3290D6CC6E6F6A373DB1EAB073A_terseLabel_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_DF62B3290D6CC6E6F6A373DB1EAB073A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General and administrative</link:label>
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_DF62B3290D6CC6E6F6A373DB1EAB073A_label_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_DF62B3290D6CC6E6F6A373DB1EAB073A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General and Administrative Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_DF62B3290D6CC6E6F6A373DB1EAB073A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GeneralAndAdministrativeExpense_DF62B3290D6CC6E6F6A373DB1EAB073A" xlink:to="lab_us-gaap_GeneralAndAdministrativeExpense_DF62B3290D6CC6E6F6A373DB1EAB073A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DepreciationAndAmortization_D8909DF7805C4F6E204173DB1EAB9C2D_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationAndAmortization_D8909DF7805C4F6E204173DB1EAB9C2D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_us-gaap_DepreciationAndAmortization_D8909DF7805C4F6E204173DB1EAB9C2D_label_en-US" xlink:label="lab_us-gaap_DepreciationAndAmortization_D8909DF7805C4F6E204173DB1EAB9C2D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion and Amortization, Nonproduction</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaap_DepreciationAndAmortization_D8909DF7805C4F6E204173DB1EAB9C2D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepreciationAndAmortization_D8909DF7805C4F6E204173DB1EAB9C2D" xlink:to="lab_us-gaap_DepreciationAndAmortization_D8909DF7805C4F6E204173DB1EAB9C2D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpenses_8C879C7E3377C51EC4DD73DB1EABEE0C_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingExpenses_8C879C7E3377C51EC4DD73DB1EABEE0C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total operating expenses</link:label>
    <link:label id="lab_us-gaap_OperatingExpenses_8C879C7E3377C51EC4DD73DB1EABEE0C_label_en-US" xlink:label="lab_us-gaap_OperatingExpenses_8C879C7E3377C51EC4DD73DB1EABEE0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_8C879C7E3377C51EC4DD73DB1EABEE0C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenses_8C879C7E3377C51EC4DD73DB1EABEE0C" xlink:to="lab_us-gaap_OperatingExpenses_8C879C7E3377C51EC4DD73DB1EABEE0C" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingIncomeLoss_A2F39E28EB46F18AC03973DB1EAB8461_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_A2F39E28EB46F18AC03973DB1EAB8461" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">OPERATING INCOME</link:label>
    <link:label id="lab_us-gaap_OperatingIncomeLoss_A2F39E28EB46F18AC03973DB1EAB8461_label_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_A2F39E28EB46F18AC03973DB1EAB8461" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Income (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaap_OperatingIncomeLoss_A2F39E28EB46F18AC03973DB1EAB8461" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingIncomeLoss_A2F39E28EB46F18AC03973DB1EAB8461" xlink:to="lab_us-gaap_OperatingIncomeLoss_A2F39E28EB46F18AC03973DB1EAB8461" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestIncomeOther_242FAC087506E402E62C73DB1EABF0C1_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeOther_242FAC087506E402E62C73DB1EABF0C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other interest income</link:label>
    <link:label id="lab_us-gaap_InterestIncomeOther_242FAC087506E402E62C73DB1EABF0C1_label_en-US" xlink:label="lab_us-gaap_InterestIncomeOther_242FAC087506E402E62C73DB1EABF0C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Income, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestIncomeOther" xlink:label="loc_us-gaap_InterestIncomeOther_242FAC087506E402E62C73DB1EABF0C1" xlink:type="locator" />
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    <link:label id="lab_frt_ShareBasedCompensationExpenseNetValue_225C7A01877BE01842F56FC140C8F4AC_verboseLabel_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetValue_225C7A01877BE01842F56FC140C8F4AC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation expense, net of forfeitures</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharesOutstanding" xlink:label="loc_us-gaap_SharesOutstanding_CAA3CEE4DCA92CAC37866FC140C87E55" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RangeAxis_DD6006E6D05FCEB338C080BA52F07B25_label_en-US" xlink:label="lab_us-gaap_RangeAxis_63512C6C7B2D5F1C9777BFA518C209EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
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    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_D8A4F93FA7365574F6AC6FDC6EABA6CF_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_D8A4F93FA7365574F6AC6FDC6EABA6CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, Accumulated Depreciation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_D8A4F93FA7365574F6AC6FDC6EABA6CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_D8A4F93FA7365574F6AC6FDC6EABA6CF" xlink:to="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_D8A4F93FA7365574F6AC6FDC6EABA6CF" xlink:type="arc" />
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    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyNet_892F94D27632F72B48936FDC6EABE3C1_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyNet_892F94D27632F72B48936FDC6EABE3C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, Net</link:label>
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    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_C29D81FA5805F6D3640A6FDC6EAB1215_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_C29D81FA5805F6D3640A6FDC6EAB1215" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_C29D81FA5805F6D3640A6FDC6EAB1215" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccountsAndNotesReceivableNet_209E21DC101AD99B12946FDC6EABD1EB_label_en-US" xlink:label="lab_us-gaap_AccountsAndNotesReceivableNet_209E21DC101AD99B12946FDC6EABD1EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts and Notes Receivable, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsAndNotesReceivableNet" xlink:label="loc_us-gaap_AccountsAndNotesReceivableNet_209E21DC101AD99B12946FDC6EABD1EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsAndNotesReceivableNet_209E21DC101AD99B12946FDC6EABD1EB" xlink:to="lab_us-gaap_AccountsAndNotesReceivableNet_209E21DC101AD99B12946FDC6EABD1EB" xlink:type="arc" />
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    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_A0E088BA812140C362686FDC6EAB5447_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_A0E088BA812140C362686FDC6EAB5447" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Commercial and Consumer, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_A0E088BA812140C362686FDC6EAB5447" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_A0E088BA812140C362686FDC6EAB5447" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_A0E088BA812140C362686FDC6EAB5447" xlink:type="arc" />
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    <link:label id="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_D58FA91A3999DAA359F06FDC6EABCA44_label_en-US" xlink:label="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_D58FA91A3999DAA359F06FDC6EABCA44" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_D58FA91A3999DAA359F06FDC6EABCA44" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_D58FA91A3999DAA359F06FDC6EABCA44" xlink:to="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_D58FA91A3999DAA359F06FDC6EABCA44" xlink:type="arc" />
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    <link:label id="lab_us-gaap_PrepaidExpenseAndOtherAssets_C8FF7E98D5F807D6C9BE6FDC6EAB9747_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssets_C8FF7E98D5F807D6C9BE6FDC6EAB9747" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Expense and Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssets" xlink:label="loc_us-gaap_PrepaidExpenseAndOtherAssets_C8FF7E98D5F807D6C9BE6FDC6EAB9747" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidExpenseAndOtherAssets_C8FF7E98D5F807D6C9BE6FDC6EAB9747" xlink:to="lab_us-gaap_PrepaidExpenseAndOtherAssets_C8FF7E98D5F807D6C9BE6FDC6EAB9747" xlink:type="arc" />
    <link:label id="lab_us-gaap_Assets_8E658553C7A3387260006FDC6EAB2274_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_8E658553C7A3387260006FDC6EAB2274" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL ASSETS</link:label>
    <link:label id="lab_us-gaap_Assets_8E658553C7A3387260006FDC6EAB2274_label_en-US" xlink:label="lab_us-gaap_Assets_8E658553C7A3387260006FDC6EAB2274" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_8E658553C7A3387260006FDC6EAB2274" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_8E658553C7A3387260006FDC6EAB2274" xlink:to="lab_us-gaap_Assets_8E658553C7A3387260006FDC6EAB2274" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAbstract_51CCABBB9D2436E91F156FDC6EABE171_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_51CCABBB9D2436E91F156FDC6EABE171" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAbstract_51CCABBB9D2436E91F156FDC6EABE171_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_51CCABBB9D2436E91F156FDC6EABE171" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaap_LiabilitiesAbstract_51CCABBB9D2436E91F156FDC6EABE171" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAbstract_51CCABBB9D2436E91F156FDC6EABE171" xlink:to="lab_us-gaap_LiabilitiesAbstract_51CCABBB9D2436E91F156FDC6EABE171" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecuredDebt_11BAAE14619BB117E0046FDC6EABC03A_verboseLabel_en-US" xlink:label="lab_us-gaap_SecuredDebt_11BAAE14619BB117E0046FDC6EABC03A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Mortgages payable (including $461,873 and $439,120 of consolidated variable interest entities, respectively)</link:label>
    <link:label id="lab_us-gaap_SecuredDebt_11BAAE14619BB117E0046FDC6EABC03A_label_en-US" xlink:label="lab_us-gaap_SecuredDebt_11BAAE14619BB117E0046FDC6EABC03A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Secured Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuredDebt" xlink:label="loc_us-gaap_SecuredDebt_11BAAE14619BB117E0046FDC6EABC03A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuredDebt_11BAAE14619BB117E0046FDC6EABC03A" xlink:to="lab_us-gaap_SecuredDebt_11BAAE14619BB117E0046FDC6EABC03A" xlink:type="arc" />
    <link:label id="lab_us-gaap_CapitalLeaseObligations_82FAE247E61630F2EA016FDC6EABCA45_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeaseObligations_82FAE247E61630F2EA016FDC6EABCA45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital lease obligations</link:label>
    <link:label id="lab_us-gaap_CapitalLeaseObligations_82FAE247E61630F2EA016FDC6EABCA45_label_en-US" xlink:label="lab_us-gaap_CapitalLeaseObligations_82FAE247E61630F2EA016FDC6EABCA45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Lease Obligations</link:label>
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    <link:label id="lab_us-gaap_NotesPayable_D8E8794489903A23FAB56FDC6EABAD2E_terseLabel_en-US" xlink:label="lab_us-gaap_NotesPayable_D8E8794489903A23FAB56FDC6EABAD2E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes payable</link:label>
    <link:label id="lab_us-gaap_NotesPayable_D8E8794489903A23FAB56FDC6EABAD2E_label_en-US" xlink:label="lab_us-gaap_NotesPayable_D8E8794489903A23FAB56FDC6EABAD2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes Payable</link:label>
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    <link:label id="lab_us-gaap_SeniorNotes_2D1C1B6483D6904684826FDC6EAC35B5_label_en-US" xlink:label="lab_us-gaap_SeniorNotes_2D1C1B6483D6904684826FDC6EAC35B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes</link:label>
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